Posti Group Oyj · OMXHEX:POSTI
Posti Group Oyj — FY2018 Earnings Presentation
20 slides from Posti Group Oyj's earnings presentation, 2019
Slide 1: Posti succeeded well in the important Christmas season, parcel volumes rose to a record level
Posti Group Oyj Financial Statements Release 1-12/2018 Posti succeeded well in the important Christmas season, parcel volumes rose to a record level 1 Posti Group 10/24/2018
Slide 2: Posti in figures
Year 2018: The Group’s net Posti in figures Net sales sales decreased, 1 610,3 adjusted (1 647,0) EUR million operating result improved Adjusted operating result 44,8 (42,4) Letter volumes EUR million continues to decline, parcel volumes rose to a record-level once again. 18 500 number of personnel
Slide 3: Posti Group: Q4 Highlights
Posti Group: Q4 Highlights Parcel continued to drive growth and Posti succeeded in delivering Christmas to its customers and citizens • Net sales decreased by 4.0% to 434.3 EUR million (452.3 EUR million). Net sales decreased especially in Itella Russia. The net sales was also impacted by the volume
Slide 4: Business Environment and Strategy
Business Environment and Strategy 4 Posti Group 10/24/2018
Slide 5: The Finnish economy is still growing and e-commerce trend continues
The Finnish economy is still growing and e-commerce trend continues Finland´s gross domestic Posti´s e-commerce studies: product (GDP) is forecasted • Finns differ significantly from other to accelerate to Europeans in how they prefer to 2.7% in 2018, receive their parcels. For example, 22% of Finni
Slide 6: Parcel volumes keep growing
Parcel volumes keep growing The number of parcels going B2C parcel volume growth in through Posti Parcel Lockers Finland and in the Baltics 10–12 2018 10–12 2018 +17 % +11 % Freight volumes* Addressed letter volumes 10-12 2018 10-12 2018 +4 % -10 % * The reported figure for domestic freight excludes
Slide 7: Good progress towards our strategic targets
Good progress towards our strategic targets • Posti continues its growth in logistics by 1. Keep mail relevant to acquiring Suomen Transval Group Oy. customers • The number of parcel points increased: there 2. Win e-commerce play are now over 1,000 parcel points! • Posti set a new record: 1.3 millio
Slide 8: Posti succeeded in delivering Christmas for our customers and all citizens
Posti succeeded in delivering Christmas for our customers and all citizens Christmas greetings continues The net sales of Parcel to be part of the Finnish Services grew Christmas tradition, but particularly due to the volumes are declining. More Christmas season. than 23 million Christmas The growth
Slide 9: Q4 Financials
Q4 Financials 9 Posti Group 10/24/2018
Slide 10: Posti Group Q4 net sales
Posti Group Q4 net sales • Q4 net sales declined by 4.0% to 434 EUR million (452 EUR million) 10 Posti Group 10/24/2018
Slide 11: Posti Group Q4 adjusted operating result
Posti Group Q4 adjusted operating result • Q4 adjusted operating result declined by 1.6 EUR million to 21.4 EUR million (23.0 EUR million) 11 Posti Group 10/24/2018
Slide 12: Posti´s total costs structure trend
Posti´s total costs structure trend • Cost structure is lower than in the comparison period • Declining mail volume needs to be off-set by cost structure development • Average number of FTE in Q4 2018 was 16,202 (16,807) 12 Posti Group * includes depreciation and amortization, excludes impairment lo
Slide 13: Long term financial targets
Long term financial targets 13 Posti Group 10/24/2018
Slide 14: Segments
Segments 14 Posti Group 10/24/2018
Slide 15: Mail, Parcel and Logistics Services Q4 key figures
Mail, Parcel and Logistics Services Q4 key figures • Mail and Marketing Services net sales decreased, driven by constantly falling volumes in addressed letters. The net sales are strongly influenced by the last quarter of the year and especially by the Christmas season. More than 23 million Christma
Slide 16: Itella Russia Q4 key figures
Itella Russia Q4 key figures • Itella Russia’s net sales measured in local currency decreased. • Itella Russia’s net The divestment sales measured of Maxipost during Q2in local negatively impacted on net sales. currency Net salesbyalso decreased decreased 5.6%. slightly Reported in Road euro- transp
Slide 17: OpusCapita Q4 key figures
OpusCapita Q4 key figures • OpusCapita’s net sales remained flat but SaaS subscription revenue grew by 41%. • Conversion from on-premise to SaaS proceeded successfully especially in the Cash Management product line. Net Sales in paper-based transaction products continued to decline as expected. Both
Slide 18: Outlook
Henkilöstökulut laskivat Outlook Henkilöstö 17 561 17 454 keskimäärin (FTE), työntekijää Milj.euroa 30.6.2018 30.6.2017 Työsuhde-etuuksista -173,3 -177,9 aiheutuvat kulut -127,1 -126,1 Materiaalit ja palvelut Liiketoiminnan muut kulut -84,1 -91,1 18 Posti Group 10/24/2018
Slide 19: Outlook for 2019
Outlook for 2019 Net sales, excluding possible new acquisitions and divestments, is expected to increase from 2018 driven by Transval acquisition. The Group’s adjusted operating result is expected to increase from 2018 due to Transval acquisition and transition to IFRS 16 accounting principles. 19 P
Slide 20: Posti Group
20 Posti Group 10/24/2018