Bpost : Good results, all things considered, but turbulence ahead
>Relatively steady operating income and solid margins - Bpost’s operating income was relatively resilient, with inflationary pressures continuing to impact operating earnings. Group operating income for the quarter came in at € 1,217m and adjusted EBIT at € 74m, respectively -2% and +11% vs. ccs, and -3% and +10% vs. our estimates. Bpost’s results continue to be driven by Belgium and E-Logistics Eurasia, while E-Logistics NA performed poorly once again due to challeng...Bpost is engaged in the provision of national and international mail and parcels services comprising the collection, transport, sorting and distribution of addressed and non-addressed mail, printed documents, newspapers and parcels. In addition, through its subsidiaries and business units, Co. sells a range of other products and services, including postal, parcels, banking and financial products, express delivery services, document management and related activities. Co. operates through two business units: the Mail & Retail Solutions and the Parcels & International.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.