Slide 1: Posti Group: strong customer demand for parcel and logistics services driving net sales growth
Posti Group: strong customer demand for parcel and logistics services driving net sales growth January-September 2021
Slide 2: Responsibly delivering what matters to you – on your terms
Responsibly delivering what matters to you – on your terms
Slide 3: Posti in figures 7-9/2021
Posti in figures 7-9/2021 Net Sales EUR 388.5 million (EUR 381.2 million) Adjusted EBITDA EUR 45.2 million (EUR 47.1 million) Adjusted EBITDA-% 11.6% (12.4%) * Continuing operations
Slide 4: Financial highlights in Q3 2021 – decrease in profitability
Financial highlights in Q3 2021 – decrease in profitability • Net sales grew by 1.9% to EUR 388.5 (381.2) million. • Adjusted EBITDA decreased to EUR 45.2 (47.1) million, or 11.6% (12.4%) of net sales. • EBITDA decreased to EUR 44.5 (47.3) million, or 11.5% (12.4%) of net sales. • Adjusted operating
Slide 5: Operational highlights in Q3 2021
Operational highlights in Q3 2021 • Total parcel volume in Finland and the Baltic countries increased by 13%. • Number of addressed letters continued to decrease and decreased by 8% in Finland. • Combined external net sales of Parcel and eCommerce as well as logistics businesses represented 62% (59%
Slide 6: Parcel and Freight volumes continue to grow
Parcel and Freight volumes continue to grow +12% +13% The number of parcels Parcel volume growth in going through Posti Finland and in the Parcel Lockers Baltics 7–9/2021 7–9/2021 +5% -8% Freight volumes* Addressed letter 7–9/2021 volumes 7–9/2021 * Measured in waybills
Slide 7: Parcel & eCommerce and logistics business 62% (59%) of Group's net sales in Q3 2021
Parcel & eCommerce and logistics business 62% (59%) of Group’s net sales in Q3 2021* = Postal services = Parcel & eCommerce and logistics business *measured in combined external net sales
Slide 8: Posti keeps expanding its parcel locker network with the increasing parcel volumes
Posti keeps expanding its parcel locker network with the increasing parcel volumes • Altogether 17.1 million parcels were delivered, growth • Posti has increased the number of individual parcel from previous year 2 million units lockers by 25% since the third quarter of 2020.
Slide 9: Addressed letter volumes declined by 8%
Addressed letter volumes declined by 8% • Altogether 85 million addressed letters were delivered, decline from previous year 8 million items • The share of mail items covered by the universal service obligation accounted for only 2.0% (2.6%) of all Posti’s mail items delivered
Slide 10: Financials
Financials
Slide 11: Posti Group's Q3 net sales
Posti Group’s Q3 net sales Net sales grew by 1.9% to EUR 388.5 (381.2) million
Slide 12: Posti Group's Q3 adjusted EBITDA
Posti Group’s Q3 adjusted EBITDA Adjusted EBITDA decreased to EUR 45.2 (47.1) million
Slide 13: Posti Group's key figures
Posti Group's key figures Net sales, EUR million 1,189.1 1,157.7 Adjusted EBITDA, EUR million 45.2 11.6% 471 12.4% 137.6 11.6% 122.4 10.6% EBITDA EUR million 445 115% 473 124% SS 11.4% 121.6 10.5% Adjusted operating result, EUR million 14.0 3.6% 16.9 4.4% 43.7 3.7% 32.6 2.8% Operating result, EUR mi
Slide 14: Outlook and long-term financial targets
Outlook and long-term financial targets
Slide 15: Posti's outlook for 2021
Posti’s outlook for 2021 In 2021, Posti is expecting its net sales to increase from the previous year, excluding possible new acquisitions and divestments. The Group’s adjusted EBITDA in 2021 is expected to remain at the previous year’s level. The fast pace of the global economic recovery makes the
Slide 16: Long term financial targets
Long term financial targets Adjusted EBITDA 13% 4% Continuously increasing ordinary dividend, but not exceeding annual net profit 80 Dividends paid 1.0x 0.5x 0.0x 05K) oO ax -03x -1.0x 2020 Sep 30, 2021 2017** += 2018* + = 2019* 16 ms 2 %* 97 10 8 72 7 6 4 @ 20 2 ° ° 2017 2018 =2099 = 2020-—«*1-9 20
Slide 17: Segments
Segments
Slide 18: Mail, Parcel and Logistics Services net sales break-down
Mail, Parcel and Logistics Services net sales break-down • Net sales increased to EUR 349.3 (344.9) million in July-September 2021 • The increase in Parcel and eCommerce was mainly due to the continued volume growth of eCommerce and online shopping • The shipment volumes from outside the EU declined
Slide 19: Mail, Parcel and Logistics Services key figures
Mail, Parcel and Logistics Services key figures Adjusted EBITDA decreased to EUR 38.9 (41.0) million in July-September 2021 • The decline was mainly due to the exceptionally good comparison period in 2020 and increased costs in Transval and Parcel and eCommerce. • Profitability of Freight Services i
Slide 20: Itella Russia key figures
Itella Russia key figures • In July-September, reported net sales remained at the previous year’s level EUR 13.6 (13.5) million. • Net sales grew in road transportation and in contract logistics but decreased in air & sea transport. • Adjusted EBITDA was EUR 2.5 (2.8) million in the third quarter. •
Slide 21: Aditro Logistics key figures
Aditro Logistics key figures • Aditro Logistics’ net sales increased by 12.0% in July-September 2021. • The increase was mainly due to Aditro Logistics’ increased volumes in the growing market. • Adjusted EBITDA was EUR 3.8 (3.7) million • The result was affected by the temporary increase in costs a
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