Poste Italiane S.p.A. (BIT: PST)

Poste Italiane Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	5,630	5,332	4,798	4,576	3,938	4,156
Other Revenue	7,621	7,287	6,776	27,134	26,081	28,604
Revenue	13,251	12,619	11,574	31,710	30,019	32,760
Revenue Growth (YoY)	7.56%	9.03%	-63.50%	5.63%	-8.37%	10.24%
Cost of Revenue	8,381	8,057	7,411	7,953	7,492	7,700
Gross Profit	4,316	4,071	3,975	3,267	3,034	3,259
Selling, General & Admin	192	163	137	124	98	77
Other Operating Expenses	329	280	160	191	109	187
Operating Expenses	1,425	1,290	1,167	1,151	973	1,090
Operating Income	2,891	2,781	2,808	2,116	2,061	2,169
Interest Expense	-48	-39	-33	-31	-38	-40
Interest & Investment Income	155	160	155	126	124	112
Earnings From Equity Investments	27	20	-6	26	5	112
Currency Exchange Gain (Loss)	-4	-	2	-4	2	-1
Other Non Operating Income (Expenses)	-31	-40	-57	-16	-39	-32
EBT Excluding Unusual Items	2,990	2,882	2,869	2,217	2,115	2,320
Merger & Restructuring Charges	-168	-171	-76	-235	-436	-387
Gain (Loss) on Sale of Investments	10	4	-13	10	-14	-48
Gain (Loss) on Sale of Assets	-3	-3	-2	-3	-1	-2
Asset Writedown	-3	-3	4	13	18	4
Legal Settlements	22	22	-27	-56	6	-11
Other Unusual Items	-4	-4	-322	222	-112	-4
Pretax Income	2,844	2,727	2,433	2,168	1,576	1,872
Income Tax Expense	837	794	850	588	370	530
Earnings From Continuing Operations	2,007	1,933	1,583	1,580	1,206	1,342
Minority Interest in Earnings	-19	-11	-5	-2	1	-
Net Income	1,988	1,922	1,578	1,578	1,207	1,342
Net Income to Common	1,988	1,922	1,578	1,578	1,207	1,342
Net Income Growth	19.90%	21.80%	0%	30.74%	-10.06%	-4.07%
Shares Outstanding (Basic)	1,295	1,296	1,300	1,300	1,302	1,300
Shares Outstanding (Diluted)	1,295	1,296	1,300	1,300	1,302	1,300
Shares Change (YoY)	-0.21%	-0.29%	-	-0.17%	0.13%	-0.45%
EPS (Basic)	1.53	1.48	1.21	1.21	0.93	1.03
EPS (Diluted)	1.53	1.48	1.21	1.21	0.93	1.03
EPS Growth	20.15%	22.16%	0%	30.96%	-10.17%	-3.64%
Free Cash Flow	2,229	1,041	-161	3,842	1,617	729
Free Cash Flow Per Share	1.72	0.80	-0.12	2.96	1.24	0.56
Dividend Per Share	0.563	0.800	0.650	0.590	0.486	0.463
Dividend Growth	-16.84%	23.08%	10.17%	21.40%	4.97%	4.99%
Gross Margin	32.57%	32.26%	34.34%	10.30%	10.11%	9.95%
Operating Margin	21.82%	22.04%	24.26%	6.67%	6.87%	6.62%
Profit Margin	15.00%	15.23%	13.63%	4.98%	4.02%	4.10%
Free Cash Flow Margin	16.82%	8.25%	-1.39%	12.12%	5.39%	2.23%
EBITDA	3,501	3,388	3,393	2,682	2,548	2,725
EBITDA Margin	26.42%	26.85%	29.32%	8.46%	8.49%	8.32%
D&A For EBITDA	610	607	585	566	487	556
EBIT	2,891	2,781	2,808	2,116	2,061	2,169
EBIT Margin	21.82%	22.04%	24.26%	6.67%	6.87%	6.62%
Effective Tax Rate	29.43%	29.12%	34.94%	27.12%	23.48%	28.31%

Source: S&P Capital IQ. Standard template. Financial Sources.