Slide 1: Posti Group July – September 2024
Posti Group Operational excellence continued to deliver positive adjusted EBITDA in Jan-Sept. In Q3 weak market demand led to soft net sales. July – September 2024
Slide 2: Responsibly delivering on what matters to you
Responsibly delivering on what matters to you your terms
Slide 3: Posti in figures 7-9/2024
Group’s net sales, EUR million and change, % Posti in figures 7-9/2024 Net Sales EUR 357.9 million Q3 (EUR 372.3 million) Q3 Adjusted EBITDA EUR 50.9 million Group’s adjusted EBITDA, EUR million (EUR 52.9 million) and % of net sales Adjusted EBITDA-% 14.2% (14.2%) Q3 Q3 3 24.10.2024
Slide 4: Q3 2024 Financial highlights
Q3 2024 Financial highlights • Net sales decreased by 3.9% to EUR 357.9 (372.3) million. • Adjusted EBITDA decreased to EUR 50.9 (52.9) million but share of net sales remained at the same level of 14.2% (14.2%). • EBITDA increased to EUR 49.8 (46.5) million, or 13.9% (12.5%) of net sales. • Adjusted
Slide 5: Q3 2024 operational highlights
Q3 2024 operational highlights • Operational efficiency continued to develop positively which led the Group’s relative adjusted EBITDA to remain on the same level year-on- year. • Group net sales were affected by the declined volumes in Fulfillment and Logistics Services and continuous decrease in l
Slide 6: Share of net sales by segment in Q3 2024
The combined external sales of eCommerce and Delivery Services, and Fulfillment and Logistics Services represented 63.6% (62.2%) of the Group’s net sales in Q3 2024 Fulfillment and Logistics Services 20% (20%) Postal Services 36% (38%) eCommerce and Delivery Services 44% (42%) 6 24.10.2024
Slide 7: Parcel volumes increased and postal volumes continued to decline in Q3 2024
Parcel volumes increased and postal volumes continued to decline in Q3 2024 Parcel volumes (million units) and change, % in +3% Finland and in the Baltics Parcel volumes in Finland and in the Baltics 7-9/2024 -2% Freight volumes 7-9/2024 * Measured in waybills -11% Addressed letter volumes 7-9/2024
Slide 8: Addressed letter volumes continued to decrease in Q3 2024
Addressed letter volumes continued to decrease in Q3 2024 Addressed letter volumes (million units) and change, % • Altogether 65 million addressed letters were delivered in the third quarter. Decrease from previous year 8 million items • The declining trend in addressed letter volumes continued (dec
Slide 9: Financials
Financials 9 24.10.2024
Slide 10: Posti Group’s Q3 2024 net sales declined
Posti Group’s Q3 2024 net sales declined Net sales decreased by 3.9% to EUR 357.9 (372.3) million Group’s net sales, EUR million and change, % Q3 2023 vs Q3 2024 change of net sales by segment, EUR million 10 24.10.2024
Slide 11: Posti Group’s Q3 2024 adjusted EBITDA decreased
Posti Group’s Q3 2024 adjusted EBITDA decreased Adjusted EBITDA decreased to EUR 50.9 (52.9) million, or 14.2% (14.2%) of net sales Group’s adjusted EBITDA, Q3 2023 vs Q3 2024 adjusted EBITDA change EUR million and % of net sales by segment, EUR million 11 24.10.2024
Slide 12: Posti Group’s key figures Q3 2024
Posti Group’s key figures Q3 2024 12 24.10.2024
Slide 13: Outlook and long-term financial targets
Outlook and long-term financial targets 13 24.10.2024
Slide 14: Adjusted outlook for 2024
Adjusted outlook for 2024 Net sales is expected to decrease, and the Group’s adjusted EBITDA is expected to increase from the previous year (previously: net sales and adjusted EBITDA is expected to be on the previous year’s level). • New outlook states: Posti is expecting its net sales to decrease f
Slide 15: Long-term financial targets
Long-term financial targets Continuously increasing ordinary dividend, Adjusted EBITDA 13% but not exceeding annual net profit, EUR million Net debt / Adjusted EBITDA less than 2.5x 15 24.10.2024 * Continuing operations
Slide 16: Segments
Segments 16 24.10.2024
Slide 17: Q3 2024: eCommerce and Delivery Services key figures
Q3 2024: eCommerce and Delivery Services key figures The net sales increased by 0.7% and was EUR 158.2 million • The consumer demand and trust in economy has slightly begun to improve • This reflected in parcel volumes and consequently net sales positively Adjusted EBITDA remained on the previous ye
Slide 18: Q3 2024: Fulfillment and Logistics Services key figures
Q3 2024: Fulfillment and Logistics Services key figures The net sales decreased by 5.2% and were EUR 74.8 million • The weak customer demand resulted in a low circulation of goods in warehouses • Also, the sale of Transval Myymäläpalvelut Oy in September 2023 affected net sales negatively • The low
Slide 19: Q3 2024: Postal Services key figures
Q3 2024: Postal Services key figures • The net sales decreased by 7.7% to EUR 130.8 million • Decrease in net sales was partly offset by price increases • Adjusted EBITDA decreased to EUR 16.2 million • Lower volumes and the decline in the net sales impacted adjusted EBITDA negatively, although impr
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