Slide 1: Posti Group
Posti Group Strong profit increase despite soft market demand January – December 2024
Slide 2: Responsibly delivering on what matters to you
Responsibly delivering on what matters to you your terms
Slide 3: Posti in figures 2024
Group’s net sales, EUR million and change, % Posti in figures 2024 Net Sales Q4 Q4 EUR 1,521.4 million (EUR 1,586,1 million) Adjusted EBITDA EUR 207.6 million (EUR 197.7 million) Group’s adjusted EBITDA, EUR million and as a percent of net sales Adjusted EBITDA-% 13.6% Q4 (12.5%) Q4 3
Slide 4: Financial highlights
Financial highlights 2024 • Net sales decreased by 4.1% to EUR 1,521.4 (1,586.1) million. • Adjusted EBITDA increased to EUR 207.6 (197.7) million, or 13.6% (12.5%) of net sales. • EBITDA increased to EUR 196.6 (188.6) million, or 12.9% (11.9%) of net sales. • Adjusted operating result increased to
Slide 5: 2024 operational highlights – profitability increased throughout the year
2024 operational highlights – profitability increased throughout the year • Posti Group profitability increased in 2024 due to successful operational efficiency in operations. • Operating environment was challenging, which impacted volumes and therefore Group net sales negatively. • Total number of
Slide 6: Combined external sales of eCommerce and Delivery Services, and Fulfillment and Logistics Services
The combined external sales of eCommerce and Delivery Services, and Fulfillment and Logistics Services represented 60.7% (60.5%) of the Group’s net sales in 2024 Fulfillment and Logistics Services 19% (20%) Postal Services 39% (39%) eCommerce and Delivery Services 42% (41%) 6 13.2.2025
Slide 7: Posti in figures 10-12/2024
Group’s net sales, EUR million and change, % Posti in figures 10-12/2024 Net Sales Q4 EUR 403.6 million Q4 (EUR 429.7 million) Adjusted EBITDA EUR 54.2 million (EUR 64.2 million) Group’s adjusted EBITDA, EUR million and as a percent of net sales Adjusted EBITDA-% 13.4% Q4 (14.9%) Q4 7
Slide 8: Q4 2024 financial highlights
Q4 2024 financial highlights • Net sales decreased by 6.1% to EUR 403.6 (429.7) million. • Adjusted EBITDA decreased to EUR 54.2 (64.2) million, or 13.4% (14.9%) of net sales. • EBITDA decreased to EUR 52.8 (64.2) million, or 13.1% (14.9%) of net sales. • Adjusted operating result decreased to EUR 2
Slide 9: Q4 2024 operational highlights
Q4 2024 operational highlights • Group net sales decreased which was affected by low consumer and customer demand in all segments. • Operational efficiency continued to contribute to the Group’s adjusted EBITDA positively. • Posti hired 1,700 seasonal employees and delivered over 10 million Christma
Slide 10: Parcel volumes decreased and postal volumes continued to decline in Q4 2024
Parcel volumes decreased and postal volumes continued to decline in Q4 2024 -2% Parcel volumes (million units) and change, % in Parcel volumes in Finland Finland and in the Baltics and in the Baltics 10-12/2024 -2% Freight volumes* 10-12/2024 * Measured in waybills -18% Addressed letter volumes 10-1
Slide 11: Addressed letter volumes continued to decrease in Q4 2024
Addressed letter volumes continued to decrease in Q4 2024 Addressed letter volumes (million units) and change, % • Altogether 81 million addressed letters were delivered in Q4. Decrease from previous year 18 million items. • During the peak season Posti delivered over 10 million Christmas cards. • T
Slide 12: Financials
Financials
Slide 13: Posti Group's 2024 net sales and adjusted EBITDA change
Posti Group’s 2024 net sales and adjusted EBITDA change Net sales decreased by 4.1% to EUR 1,521.4 (1,586.1) million. Adjusted EBITDA improved to EUR 207.6 (197.7) million. 2023 vs 2024 change of net sales by segment, 2023 vs 2024 adjusted EBITDA change by segment, EUR million EUR million 13 13.2.20
Slide 14: Posti Group's Q4 2024 net sales
Posti Group’s Q4 2024 net sales Net sales decreased by 6.1% to EUR 403.6 (429.7) million. Group’s net sales, 2023 Q4 vs 2024 Q4 change of net sales by segment, EUR million and change, % EUR million 14 13.2.2025
Slide 15: Posti Group's Q4 2024 adjusted EBITDA
Posti Group’s Q4 2024 adjusted EBITDA Adjusted EBITDA decreased to EUR 54.2 (64.2) million, or 13.4% (14.9%) of net sales. Group’s adjusted EBITDA, 2023 Q4 vs 2024 Q4 adjusted EBITDA change by EUR million and as a percent of net sales segment, EUR million 15 13.2.2025
Slide 16: Posti Group's key figures Q4 2024
Posti Group’s key figures Q4 2024 * Board of Directors' proposal to the Annual General Meeting 16 13.2.2025 ** The ordinary dividend of EUR 31.8 million and extra dividend of EUR 150.0 million decided on December 20, 2024
Slide 17: Outlook and long-term financial targets
Outlook and long-term financial targets
Slide 18: Outlook for 2025
Outlook for 2025 In 2025, Posti is expecting its net sales and adjusted EBITDA to be on the previous year’s level. • In 2024, Posti’s net sales were EUR 1,521.4 million and adjusted EBITDA was EUR 207.6 million. • Current macroeconomic and market conditions bring uncertainty to economic projection a
Slide 19: 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 * Continuing operations ** Board of Directors' proposal to the Annual General Meeting 19 13.2.2025
Slide 20: Segments
Segments
Slide 21: Q4 2024: eCommerce and Delivery Services key figures
Q4 2024: eCommerce and Delivery Services key figures The net sales decreased by 4.5% to EUR 168.3 million • Consumer demand, especially in recommerce, stayed on a good level in an increasingly competitive market. • The decline in total parcel volumes impacted net sales negatively whereas the success
Slide 22: Q4 2024: Fulfillment and Logistics Services key figures
Q4 2024: Fulfillment and Logistics Services key figures The net sales decreased by 6.2% and were EUR 77.5 million • The weak customer demand continued in the fourth quarter, which resulted in a low circulation of goods in warehouses and had a negative impact on net sales. • The acquisition of Swedis
Slide 23: Q4 2024: Postal Services key figures
Q4 2024: Postal Services key figures The net sales of Postal Services decreased by 7.4% to EUR 164.4 million • Decreased volumes impacted net sales negatively. The decrease in net sales was partly offset by price increases. Adjusted EBITDA decreased to EUR 33.7 million • Lower volumes and the declin
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