PostNL NV
AEX:PNL

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PostNL NV Logo
PostNL NV
AEX:PNL
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Price: 1.122 EUR 1.17% Market Closed
Market Cap: €570.7m

PostNL NV
Investor Relations

PostNL NV provides mail, parcels, and support services, both physical and digital. The company is headquartered in Den Haag, Zuid-Holland and currently employs 36,562 full-time employees. The company went IPO on 2011-05-26. The firm operates through three segments: Mail in the Netherlands, Parcels and International, and PostNL Other. The firm's geographical segments include The Netherlands, Germany, Italy, Rest of Europe, Europe and Rest of the World. The firm delivers approximately 550,000 parcels and nine million letters a day throughout the Netherlands. The company offers services through a combination of smart networks, digital applications and the communication channels. Each day it delivers over 1.1 million items to approximately 200 countries. In addition to its global delivery services, the Company operates mail and parcel distribution network in the Benelux (Belgium, Netherlands and Luxembourg) region. In Germany, it operates under the Postcon brand and in Italy under the name of Nexive. The Company, through Spring Global Delivery Solutions, provides mail, parcel and return solutions to businesses around the world.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 23, 2026
AI Summary
Q4 2025

2025 Results: PostNL reported full-year 2025 normalized EBIT of EUR 53 million, matching last year and in line with outlook, with revenue up and strong Q4 performance.

Dividend: Management proposed a dividend of EUR 0.04 per share for 2025, to be paid in one payment in May 2026 under a slightly updated dividend policy.

Mail Segment: Exceptional government and pension communication and a successful Christmas card campaign drove strong Mail results in Q4, turning a YTD loss into a small annual profit.

Cost Control: Targeted yield measures and cost savings in both Parcels and Mail offset organic cost increases, despite ongoing labor inflation.

2026 Guidance: For 2026, PostNL expects normalized EBIT between EUR 40 million and EUR 70 million, free cash flow between 0 and minus EUR 30 million, and revenue growth of 5% to 7%.

Strategic Transition: 2026 is framed as an ‘inflection year’ as PostNL transitions Mail to a D+2 model and migrates letterbox parcels to the e-commerce network, with expected negative short-term impact but margin accretion by 2027.

Investments & CapEx: CapEx for 2026 is guided at EUR 125 million, focused on growth initiatives, ESG, and IT improvements.

Market Share: Management expects continued slight market share loss in e-commerce as it prioritizes value over sheer volume.

Key Financials
Revenue
EUR 973 million (Q4 2025)
Normalized EBIT
EUR 79 million (Q4 2025); EUR 53 million (Full Year 2025)
Free Cash Flow
minus EUR 25 million (Full Year 2025); EUR 73 million (Q4 2025)
Dividend Per Share
EUR 0.04 per share (proposed for 2025)
Adjusted Debt
EUR 501 million
Leverage Ratio
1.99x (year-end 2025)
Carbon Efficiency
50% improvement
Emission-Free Last Mile Delivery
33% (up from 28% in 2024)
Mail Volume Decline
8% to 10% decline assumed for 2026
Parcels Revenue (Q4)
EUR 691 million (Q4 2025)
Mail Revenue (Q4)
EUR 406 million (Q4 2025)
Mail Normalized EBIT
EUR 45 million (Q4 2025); EUR 2 million (Full Year 2025)
Average Price per Parcel
up EUR 0.11 (Q4 2025)
CapEx
EUR 125 million (2026 guidance)
Employee Engagement
up compared to last year
Earnings Call Recording
Other Earnings Calls

Management

Ms. Hendrika W. P. M. A. Verhagen
Chairman of the Management Board & CEO
No Bio Available
Mr. Pim Berendsen
CFO & Member of the Management Board
No Bio Available
Willem-Jan van Tongeren
Chief Information Officer
No Bio Available
Inge Laudy
Manager of Investor Relations
No Bio Available
Mr. Jeroen Veldstra
Director of HR
No Bio Available
Mr. Bart Delmulle
Chief Digital Officer
No Bio Available
Ms. Blide Duk
Sustainability Programme Manager
No Bio Available
Mr. Ewout de Wit
Corporate Secretary
No Bio Available
Ms. Iris van Wees
Operations Director of Parcels
No Bio Available

Contacts

Address
ZUID-HOLLAND
DEN HAAG
Prinses Beatrixlaan 23
Contacts
+31888686161.0
www.postnl.nl
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