Poste Italiane SpA
F:7PI

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Poste Italiane SpA
F:7PI
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Price: 21.73 EUR -1.5% Market Closed
Market Cap: €28.1B

Poste Italiane SpA
Investor Relations

Poste Italiane SpA stands as a venerable institution in Italy, weaving into the fabric of daily life through its extensive suite of services that transcend traditional postal operations. Established in 1862, this storied company has evolved from merely delivering mail to orchestrating a comprehensive network of financial and insurance services, alongside digital and logistics operations. At its core, the company harmonizes the operation of over 12,000 post offices with advanced digital platforms, catering to both the classic and contemporary needs of its clients. It's not just about delivering parcels and letters; Poste Italiane SpA leverages its vast infrastructure and trusted brand to offer savings accounts, insurance products, and asset management. This transformation allows it to sustain a diverse revenue stream while maintaining its roots in postal services.

The financial backbone of Poste Italiane's revenue stems from its prowess in the realm of BancoPosta—the financial services division. Through BancoPosta, the company provides banking services, managing vast sums in current accounts and savings instruments for millions of Italians. Meanwhile, the company's insurance segment is a key financial pillar, offering life and property insurance products that cater to various customer segments. Delivering on the renewed demand for swift and reliable logistics solutions, Poste Italiane has significantly bolstered its parcel delivery operations, benefiting from the e-commerce surge in Italy and beyond. This diversified business model not only underscores its adaptability but also ensures Poste Italiane SpA thrives in the dynamic landscape of modern Italy, securing its place as an essential service provider.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 13, 2025
AI Summary
Q3 2025

Record Results: Poste Italiane delivered record revenues, adjusted EBIT, and net income for the first nine months of 2025, with all business segments contributing to growth.

Revenue and Profit Growth: Group revenues rose 4% to EUR 9.6 billion, adjusted EBIT increased 10% to just over EUR 2.5 billion, and net profit grew 11% to EUR 1.8 billion year-on-year.

Dividend Hike: A record interim dividend of EUR 0.40 per share—up 21% year-on-year, totaling nearly EUR 520 million—will be paid on November 26.

Strong Financial Position: The insurance Solvency II ratio stands at 312%, well above the 200% target, giving the group significant financial flexibility.

Strategic Partnerships: The partnership with TIM is progressing, with joint products like TIM Energia launched and plans to migrate Poste Mobile to TIM’s infrastructure in 2026.

Super App Success: Migration to the new Super App is complete, with 15 million users and 4.1 million daily active users, boosting cross-selling and engagement.

Guidance Confirmed: Management reaffirmed confidence in achieving EUR 3.2 billion adjusted EBIT and EUR 2.2 billion net profit for full-year 2025.

Key Financials
Revenue
EUR 9.6 billion
Adjusted EBIT
EUR 2.5 billion
Net Profit
EUR 1.8 billion
Q3 Revenue
EUR 3.2 billion
Q3 Adjusted EBIT
EUR 856 million
Q3 Net Profit
EUR 603 million
Mail, Parcel & Distribution Revenue (Q3)
EUR 934 million
Mail, Parcel & Distribution Revenue (9M)
EUR 2.8 billion
Mail Revenue (Q3)
EUR 180 million
Mail Revenue (9M)
EUR 1.5 billion
Parcel Revenue (Q3)
EUR 420 million
Parcel Revenue (9M)
EUR 1.2 billion
Parcel Volumes (Q3)
245 million items
Mail, Parcel & Distribution Adjusted EBIT (9M)
EUR 137 million
Financial Services Gross Revenue (Q3)
EUR 1.6 billion
Financial Services Gross Revenue (9M)
EUR 5 billion
Net Interest Income (Q3)
EUR 669 million
Net Interest Income (9M)
EUR 2 billion
Postal Savings Distribution Fees (Q3)
EUR 443 million
Postal Savings Distribution Fees (9M)
EUR 1.3 billion
Consumer Loans Distribution Fees (Q3)
EUR 63 million
Consumer Loans Distribution Fees (9M)
EUR 203 million
Asset Management Fees (Q3)
EUR 47 million
Asset Management Fees (9M)
EUR 136 million
Financial Services Adjusted EBIT (Q3)
EUR 262 million
Financial Services Adjusted EBIT (9M)
EUR 790 million
Total Financial Assets (TFAs)
EUR 601 billion
Net Inflows in Investment Products (9M)
EUR 2.3 billion
Life Insurance Net Inflows (9M)
EUR 1.2 billion
Deposits
EUR 58 billion
Insurance Services Revenue (Q3)
EUR 446 million
Insurance Services Revenue (9M)
EUR 1.4 billion
Life Investment & Pension Revenue (Q3)
EUR 393 million
Life Investment & Pension Revenue (9M)
EUR 1.2 billion
Protection Revenue (9M)
EUR 147 million
Combined Ratio
83%
Insurance Services Adjusted EBIT (9M)
EUR 1.2 billion
CSM Stock
EUR 13.7 billion
Normalized CSM Growth
3.5% annualized
Solvency II Ratio
312%
Solvency II Ratio (Current Range)
between 305% and 320%
Postepay Services Revenue (Q3)
EUR 409 million
Postepay Services Revenue (9M)
EUR 1.2 billion
Payments Revenue (Q3)
EUR 298 million
Payments Revenue (9M)
EUR 878 million
Telco Revenue (9M)
EUR 247 million
Energy Net Revenue (9M)
EUR 86 million
Number of Energy Clients
950,000
Postepay Services Adjusted EBIT (Q3)
EUR 140 million
Postepay Services Adjusted EBIT (9M)
EUR 416 million
Average Workforce
just under 120,000
HR Cost (9M)
just under EUR 4.2 billion
HR Cost on Revenue
39%
Interim Dividend per Share
EUR 0.40
Total Interim Dividend Paid
approximately EUR 520 million
Earnings Call Recording
Other Earnings Calls

Management

Dr. Matteo Del Fante
CEO & Director
No Bio Available
Mr. Antonio Nervi
Head of Investment Governance
No Bio Available
Giuseppe Esposito
Head of Investor Relations
No Bio Available
Giuseppe Cannizzaro
Head of Legal and Corporate Affairs
No Bio Available
Mr. Massimo Rosini
Head of the Mail Communications & Logistics Department
No Bio Available
Mr. Paolo Bruschi
Vice GM-HR & Organization, Real Estate, Communication, Institutional Relations & Security & Safety
No Bio Available
Mr. Paolo Casati
Head of Internal Audit & Member of Supervisory Board
No Bio Available
Dr. Marco Siracusano
Head of the PMD (Payments, Mobile, Digital) Business Unit & CEO of PostePay SpA.
No Bio Available
Mr. Guido Maria Nola
Head of BancoPosta
No Bio Available
Mr. Massimiliano R. Riggi Ph.D.
Head of Planning
No Bio Available

Contacts

Address
ROMA
Rome
Viale Europa, 190
Contacts
+390659581.0
www.poste.it