PostNL : FY23 preview
>FY23 results pre-released - PostNL pre-released FY23 group results which were higher than our expectations, but below ccs and (adjusted) guidance. Group revenue for the quarter came in at € 899m (+3.1% vs AAOBe) and normalised EBIT at € 77m (+10% vs AAOBe and roughly -10% vs BB ccs, € 92m for FY23). Free cash flow generation swung strongly positive during the quarter and came in at € 52m for the full year. The quarter appears to have been ‘saved’ by higher volumes in...PostNL is a mail, parcel and e-commerce corporation with operations in the Netherlands, Germany, Italy, Belgium, and the United Kingdom. Co. has been assigned by the Dutch government to carry out the UPD (Universele Postdienst, Dutch for Universal Postal Service). Carrying out the UPD requires, amongst other things, Co. to deliver mail throughout the Netherlands five days a week (Tuesday through Saturday) and to maintain enough mailboxes in the country. ACM is charged with monitoring and enforcing the execution by Co. Co.'s operations are organized along three business segments: Mail in the Netherlands; Parcels; and International. Co. maintains over ten networks across thirteen countries.
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.