Slide 1: Financial Statements 2017
Posti Group Corporation Financial Statements 2017 March 1, 2018
Slide 2: Agenda
Agenda • Highlights of 2017 • October-December 2017 • Year 2017 • Segments • Mail, Parcel and Logistics Services • Itella Russia • OpusCapita • Strategy 2 Posti Group Corporation March 1, 2018
Slide 3: Highlights of 2017
Highlights of 2017 3 Posti Group Oyj 1.3.2018
Slide 4: Year 2017 in a nutshell
Year 2017 in a nutshell Posti in figures Operational highlights Other key events • Parcel volumes rose to record levels • Parcel and Logistics Services exceeded the Net sales Postal Services for the first time in the third 1 647.0 thanks to strong growth in e-commerce and (EUR million) quarter. impr
Slide 5: Business Environment
Business Environment • Posti’s business environment is still undergoing a dramatic • Posti is prepared for changes in the business environment transformation. Digitalization is accelerating the shift from paper through a renewed strategy. At the core of the strategy are four to online communications
Slide 6: Parcel services keep growing
Parcel services keep growing October-December and 2017 The number of parcels going The number of parcels going B2C parcel volume growth in B2C parcel volume growth in through Posti Parcel Lockers through Posti Parcel Lockers Finland and in the Baltics Finland and in the Baltics 2017 10–12 2017 2017
Slide 7: INTERNAL Posti Group Oyj
7 Posti Group Oyj 1.3.2018 INTERNAL
Slide 8: Letter volumes declined by 10%
Letter volumes declined by 10% Year 2017 8 Posti Group Oyj 1.3.2018
Slide 9: Freight volumes grew by 8%
Freight volumes grew by 8% Year 2017 9 Posti Group Oyj 1.3.2018
Slide 10: October-December 2017
October-December 2017 10 Posti Group Corporation March 1, 2018
Slide 11: Posti Group Corporation March 1, 2018
11 Posti Group Corporation March 1, 2018
Slide 12: Key figures
Key figures October-December • The Group’s net sales decreased by 0.9%. In Finland the decrease was 0.2% and in other countries 5.4%. • Net sales of Parcel and Logistics Services exceeded those of the Postal Services. • The growth of adjusted operating result was mainly due to improved result in Pos
Slide 13: Year 2017
Year 2017 13 Posti Group Corporation March 1, 2018
Slide 14: Posti Group Corporation March 1, 2018
14 Posti Group Corporation March 1, 2018
Slide 15: Key figures
Key figures Year 2017 • The Group’s net sales grew by 2.5%. In Finland the growth was 2.4% and in other countries 3.0%. • International operations acocunted for 14.5% of net sales, remaining on the same level as in 2016. • Net sales of the Parcel and Logistics Services exceeded those of the Postal S
Slide 16: Posti Group Corporation March 1, 2018
16 Posti Group Corporation March 1, 2018
Slide 17: Mail, Parcel and Logistics Services
Mail, Parcel and Logistics Services October-December • The net sales of Mail and Marketing Services decreased. The decline in volumes was compensated for by changes in pricing. The net sales of parcel services grew, particularly due to growth in consumer parcels. • A new record was made in the daily
Slide 18: Net sales of Mail and Marketing, Press, Parcel and Logistics Services
Net sales of Mail and Marketing Services, Press Services, Parcel Services and Logistics Services October–December 18 Posti Group Corporation March 1, 2018
Slide 19: Mail, Parcel and Logistics Services
Mail, Parcel and Logistics Services Year 2017 • Net Sales of Parcel and Logistics Services exceeded those of the Postal Services. • The net sales of Mail, Parcel and Logistics Services increased to EUR 1,448.7 million. The net sales of Mail and Marketing Services decreased. The net sales of parcel s
Slide 20: Net sales of Mail and Marketing, Press, Parcel and Logistics Services
Net sales of Mail and Marketing Services, Press Services, Parcel Services and Logistics Services Year 2017 20 Posti Group Corporation March 1, 2018
Slide 21: Itella Russia
Itella Russia October-December • Euro-denominated net sales increased due to improved economic climate as well as higher volumes among the existing customers in the warehousing business and in air and sea freight. • Profitability continued to be weighed down by currency-denominated leases. To suppor
Slide 22: Itella Russia
Itella Russia Year 2017 • Euro-denominated net sales were favorably affected by changes in the ruble exchange rate as well as the growth of the transport business, which was compensated for by the decline in the capacity of the warehousing business. The Russian ruble depreciated by 7.9% compared to
Slide 23: OpusCapita
OpusCapita October-December • The comparable volume of OpusCapita’s electronic transactions grew by 37% year-on-year. • OpusCapita’s new organizational structure became effective in the fourth quarter. • Project revenue recognition in the Professional Services function being lower than in the compar
Slide 24: OpusCapita
OpusCapita Year 2017 • The comparable volume of OpusCapita’s electronic transactions grew by 31% compared to the previous year. • OpusCapita’s net sales increased to EUR 64.7 million. A little over half of the net sales came from Finland. • The decline in adjusted EBITDA was attributable to signific
Slide 25: Posti Group Corporation March 1, 2018
25 Posti Group Corporation March 1, 2018
Slide 26: Dividend development 2010-2017
Dividend development 2010-2017 26 Posti Group Corporation March 1, 2018
Slide 27: Outlook
Outlook 27 Posti Group Corporation March 1, 2018
Slide 28: Outlook
Outlook Net sales Operating result Capital expenditure The Group’s business is • The euro-denominated • The Group’s adjusted • Capital expenditure, characterized by seasonality. net sales in 2018, operating result, excluding possible Net sales and operating profit excluding possible excluding possib
Slide 29: Thank you!
Thank you!