Italy · Delayed Price · Currency is EUR Poste Italiane Earnings Call Transcripts
Fiscal Year 2026
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The transaction aims to create Italy's leading digital infrastructure platform by acquiring full control of TIM, unlocking EUR 700 million in synergies and accelerating digital transformation. The deal is EPS accretive from 2027, maintains dividend guidance, and is expected to close in Q4 2026.
Fiscal Year 2025
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Record 2025 results with revenues of EUR 13.1B and net profit of EUR 2.2B, driven by digital expansion, AI integration, and strong segment performance. 2026 guidance targets further growth, with reinforced dividend policy and continued investment in technology and efficiency.
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Record nine-month results with revenues up 4% YoY to EUR 9.6B, Adjusted EBIT up 10%, and net profit up 11%. Strong growth across all segments, robust solvency, and a 21% higher interim dividend reflect confidence in meeting 2025 guidance.
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Record H1 2025 results with revenues up 5% to EUR 6.5 billion, net profit up 14% to EUR 1.2 billion, and all segments contributing to growth. Upgraded full-year guidance for adjusted EBIT and net profit, with strong balance sheet and market share gains in key areas.
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Record Q1 2025 results with 5% revenue growth, 13% higher EBIT, and 19% net profit increase, driven by strong performance across all segments. Strategic TIM stake acquisition and upgraded dividend policy reinforce long-term value creation.
Fiscal Year 2024
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Record 2024 results with €12.6bn revenue, €2bn net income, and a 35% dividend increase. 2025 guidance targets further growth, with all business units contributing and a structurally higher 70% payout ratio. Robust capital, digital transformation, and cost discipline underpin the upgraded outlook.
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Nine-month revenues rose 5% to €9.2 billion, with net profit up 19% to €1.6 billion and record performance across all business units. Upgraded 2024 guidance targets €2.8 billion Adjusted EBIT and €2 billion net profit, supported by strong commercial trends and disciplined cost management.
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Revenue and profit grew strongly in H1 2024, with adjusted EBIT up 14% and net profit up 14% year-on-year. Upgraded 2024 EBIT guidance to EUR 2.8 billion, driven by robust parcel, financial, and insurance segments, and a new labor agreement enhances cost visibility.