Report
Wim Gille

InPost : e-commerce market to slow, but operationally on track

>Q3 2021 operationally solid - Operationally, Q3 2021 was solid. Both the top line and EBITDA were slightly ahead of our forecasts. Revenues grew by 35% excluding Mondial Relay and the underlying EBITDA margin expanded by 460 bps. Margins were particularly strong in Poland (48% EBITDA margin). InPost continued to gain market share in Poland. In Q3 2021, InPost increased its market share to c.44% from c.29% in Q1 2020. The company also increased its APM deployment targ...
Underlying
InPost S.A.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Wim Gille

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch