Description

Poste Italiane: Initiation of Coverage- Will Explosive Postepay Momentum Redefine Its Profit Model?

Poste Italiane reported robust financial results for the first quarter of 2025, showcasing a strong start to the year. Group revenues increased by 5% year-over-year, reaching €3.2 billion, while adjusted EBIT grew by 13% to €796 million. Net profit rose by an impressive 19% to €597 million, indicating strong profitability amid a dynamic environment. The company’s performance was bolstered by solid contributions across all business units. Mail, Parcel & Distribution saw a revenue uplift of 2% year-over-year despite an anticipated decline in mail volumes, which was mitigated by ongoing repricing actions. The parcel segment, a growing area for the company, demonstrated a 7% revenue increase, reflecting robust parcel volume growth.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!