Slide 1: Interim Report Q3 2017
Posti Group Corporation Interim Report Q3 2017 October 26, 2017
Slide 2: Agenda
Agenda • July-September 2017 • January-September 2017 • Segments • Mail, Parcel and Logistics Services • Itella Russia • OpusCapita • Strategy 2 Posti Group Corporation October 26, 2017
Slide 3: January-September 2017 in a nutshell
January-September 2017 in a nutshell Posti in figures Mergers and acquisitions Other key changes • The sell of OpusCapita’s Finance and • During the third quarter, Parcel and Logistics Net sales Services grew to exceed Postal Services in 1,194.7 Accounting Outsourcing business. (EUR million) net sal
Slide 4: Posti Group Corporation October 26, 2017
4 Posti Group Corporation October 26, 2017
Slide 5: July-September 2017
July-September 2017 5 Posti Group Corporation October 26, 2017
Slide 6: Posti Group Corporation October 26, 2017
6 Posti Group Corporation October 26, 2017
Slide 7: Key figures July-September
Key figures July-September • Net sales grew by 1.0% in Finland and declined by 0.8% in other countries. • International operations accounted for 15.2% of net sales. • Special items affecting the result negatively amounted to EUR 38.6 million. • In conjunction with the restructuring of OpusCapita and
Slide 8: Posti Group Corporation October 26, 2017
8 Posti Group Corporation October 26, 2017
Slide 9: January-September 2017
January-September 2017 9 Posti Group Corporation October 26, 2017
Slide 10: Posti Group Corporation October 26, 2017
10 Posti Group Corporation October 26, 2017
Slide 11: Key figures January-September
Key figures January-September • Net sales increased by 3.4% in Finland and by 6.2% in other countries. • International operations accounted for 14.9% of net sales. • Special items affecting the result negatively amounted to EUR 51.9 million. The special items include gains from the sale of real esta
Slide 12: Posti Group Corporation October 26, 2017
12 Posti Group Corporation October 26, 2017
Slide 13: Mail, Parcel and Logistics Services
Mail, Parcel and Logistics Services July-September • The result was weighed down by investments in new businesses, such as home services and digital services. • The net sales of Mail and Marketing Services were affected by the decline in domestic delivery product volumes, which was partly compensate
Slide 14: 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 July-September 14 Posti Group Corporation October 26, 2017
Slide 15: Mail, Parcel and Logistics Services
Mail, Parcel and Logistics Services January-September • The weaker result of traditional postal operations was compensated for by the improved net sales and profitability of freight and parcel services. • The number of parcels going through parcel points grew by 16.0%. • The adjusted EBITDA was weig
Slide 16: 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 January-September 16 Posti Group Corporation October 26, 2017
Slide 17: Itella Russia
Itella Russia July-September • Itella Russia’s net sales turned to growth in the third quarter. Measured in local currency, the rate of growth was 3.8%. • The growth in net sales was attributable to the improved economic climate as well as higher volumes among the existing customers in the warehousi
Slide 18: Itella Russia
Itella Russia January-September • Measured in local currency, Itella Russia’s increased slightly, by 0.2%. Net sales were favorably affected by the appreciation of the ruble as well as the growth of the transport business, which was compensated for by the decline in the capacity of the warehousing b
Slide 19: OpusCapita
OpusCapita July-September • In conjuction with the restructuring of OpusCapita and the refocusing of its operations, the future outlook and cash flow forecasts of the cash-generating unit have been updated. Based on this assessment, the Group recognized impairment of goodwill in the amount of EUR 33
Slide 20: OpusCapita
OpusCapita January-September • The electronic transaction volume was 187 million transactions, which represents 50% of the total transaction volume. • Some 59% of the net sales came from Finland, while the remaining 41% was from other countries. • The Buyer-Supplier Ecosystem business grew by 7.9%,
Slide 21: Outlook
Outlook 21 Posti Group Corporation October 26, 2017
Slide 22: Outlook
Outlook Net sales Operating result Capital expenditure The Group’s business is characterized by seasonality. • Net sales in euros for the • The Group’s adjusted • Capital expenditure Net sales and operating profit year are expected to operating result is excluding possible in the segments are not in
Slide 23: Thank you!
Thank you! 23 Posti Group Corporation October 26, 2017