Report
Stefano Toffano ...
  • Wim Gille

PostNL : Preview 3Q22 (7 November 2022)

>3Q22 results pre-released - PostNL will publish its results for the third quarter next week. The results have already been pre-released on 21 October and as such we expect no big surprises on the numbers. Revenue is expected to come in at € 709m and normalised EBIT at € -20m. Free cash flow is guided at € 49m, reflecting the drop in earnings and phasing of the working capital. Following the latest profit warning, PostNL lost confidence in its FY guidance and as such ...
Underlying
PostNL NV

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.

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
Stefano Toffano

Wim Gille

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