Bpost SA
XBRU:BPOST

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Bpost SA Logo
Bpost SA
XBRU:BPOST
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Price: 1.938 EUR 6.95% Market Closed
Market Cap: €387.6m

Bpost SA
Investor Relations

bpost SA is engaged in the provision of postal services. The company is headquartered in Brussels, Bruxelles-Capitale and currently employs 32,429 full-time employees. The company went IPO on 2013-06-21. The firm's services include collection, transport, online parcels and doorstep financial transactions. The company specializes in inbound and outbound international mail and sorting and delivery of letters. Bpost also provides solutions in document management, certified electronic communication and international added value services. The company provides services to individuals and corporate customers. The firm's subsidiaries are Altretis NV-SA, BPI NV-SA and Certipost NV-SA, among others. On September 15, 2014, it alunched CycloSafe, a product that can identify and track down stolen bicycles.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 6, 2026
AI Summary
Q4 2025

Profitability: Group adjusted EBIT for Q4 was EUR 83 million and full-year adjusted EBIT finished at the upper end of guidance at EUR 179.7 million, despite top-line pressure.

Reported loss: The group recorded a reported net loss of EUR 39 million for 2025, driven largely by EUR 55 million one-off charges at Radial U.S.

bpost dynamics: bpost domestic Mail continues to decline sharply (Mail volumes -9.2% in Q4), Parcels grew modestly (close to 3% volume growth for the year) but strikes reduced volumes in Q4.

Paxon headwinds: Paxon North America revenue fell ~EUR 82 million (about 20% at constant FX) after contract terminations; management is shifting to mid-market via the Fast Track product.

Landmark Global strength: Cross-border volumes from Asia supported growth and Landmark increased EBIT to EUR 85 million on productivity and Transport Center of Excellence savings.

2026 outlook: Group adjusted EBIT guidance for 2026 is EUR 165 million to EUR 195 million; bpost expected EBIT margin ~1%, Paxon margin targeted to 6%–8%, Landmark EBIT margin 10%–12%.

Key Financials
Adjusted EBIT (full year 2025)
EUR 179.7 million
Adjusted EBIT (Q4 2025, group)
EUR 83 million
Reported EBIT (group)
EUR 10 million
Net loss (2025, reported)
EUR 39 million
bpost EBIT (full year)
EUR 67 million
Paxon EBIT (Q4)
EUR 33 million (adjusted)
Landmark Global EBIT (full year)
EUR 85 million
Group operating income (Q4)
EUR 1.242 billion
bpost Domestic Mail volume (Q4, excl. Press)
declined 9.2%
bpost Parcels volume (full year average daily)
grew 2.4% (average daily for full year)
Paxon North America revenue change (Q4)
decreased by EUR 82 million (≈20% at constant exchange rate)
One-off charges (Radial U.S.)
EUR 55 million
Q4 net cash inflow
EUR 35 million
Cash from operating activities before working capital (Q4)
EUR 149 million
Change in working capital and provisions (Q4)
EUR 57 million
Net cash outflow from investing activities (Q4)
EUR 61 million
CapEx (full year 2025)
EUR 147 million
Bond issuance
EUR 1 billion (issued November 2024)
Group adjusted EBIT guidance (2026)
EUR 165 million to EUR 195 million
Paxon EBIT margin (2025 to 2026 guidance)
from 3.5% in 2025 to 6%–8% in 2026
Landmark Global expected top-line growth (2026)
mid-single-digit growth
bpost expected revenue change (2026)
low single-digit decline
bpost expected Mail decline (2026)
mid-teens decline in Mail volumes
bpost price/mix effect (Q4)
approx. +4.2% (roughly EUR 10 million)
Fast Track clients onboarded (Paxon)
22 clients representing EUR 38 million of in-year revenue
Group-wide savings attributed to Transport Center of Excellence (2025)
EUR 50 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Christiaan Peeters
CEO & Director
No Bio Available
Mr. Koen Aelterman
Interim Chief Financial Officer
No Bio Available
Mr. Antoine Lebecq
Head of Investor Relations
No Bio Available
Mr. Ross Hurwitz
Company Secretary & Chief Legal Officer
No Bio Available
Ms. Anette Bohm
Chief Human Resources Officer
No Bio Available
Mr. Jos Donvil
CEO of bpost Belgium
No Bio Available
Mr. Henri de Romree
Chief Executive Officer of e-Logistics North America
No Bio Available
Mr. Nicolas Baise
Chief Transformation Officer
No Bio Available
Mr. James Edge
CEO of Crossborder Global a.i
No Bio Available
Ms. Kathleen Van Beveren
Chief Executive Officer of e-Logistics Eurasia
No Bio Available

Contacts

Address
BRUXELLES-CAPITALE
Brussels
Centre Monnaie
Contacts
+3222762111.0
www.bpost.be
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