Slide 1: Posti Group January - March 2025
Posti Group Adjusted EBITDA below last year as expected. Challenging market conditions continued. January - March 2025
Slide 2: Responsibly delivering on what matters to you on your terms
Responsibly delivering on what matters to you your terms
Slide 3: Posti in figures 1-3/2025
Group’s net sales, EUR million and change, % Posti in figures 1-3/2025 Net Sales EUR 357.1 million (EUR 382.1 million) Q1 Q1 Adjusted EBITDA EUR 42.5 million Group’s adjusted EBITDA, EUR million and as a percent of net sales (EUR 53.0 million) Adjusted EBITDA-% 11.9% (13.9%) Q1 Q1 3 24.4.2025
Slide 4: Q1 2025 Financial highlights
Q1 2025 Financial highlights • Net sales decreased by 6.5% to EUR 357.1 (382.1) million. • Adjusted EBITDA decreased to EUR 42.5 (53.0) million, or 11.9% (13.9%) of net sales. • EBITDA decreased to EUR 37.9 (49.9) million, or 10.6% (13.1%) of net sales. • Adjusted operating result decreased to EUR 1
Slide 5: Q1 2025 Operational highlights
Q1 2025 Operational highlights • Increased ecommerce and recommerce market in Finland contributed positively to the total parcel volumes in the eCommerce and Delivery Services segment. Parcel volumes increased by 2%. • Net sales of Postal Services were affected by the discontinuation of unaddressed
Slide 6: Combined external sales of eCommerce and Delivery Services, and Fulfillment and Logistics Services
Q1 2025: The combined external sales of eCommerce and Delivery Services, and Fulfillment and Logistics Services represented 61.5% (58.3%) of the Group’s net sales 19% (19%) Postal Services 38% (42%) eCommerce and Delivery Services 42% (40%) 6 24.4.2025
Slide 7: Parcel volumes increased, postal volumes continued to decrease
Q1 2025: Parcel volumes increased, postal volumes continued to decrease Parcel volumes (million units) and change, % in Finland and the Baltics +2% Parcel volumes in Finland and in the Baltics 1-3/2025 -16% Addressed letter volumes 1-3/2025 7 24.4.2025
Slide 8: Addressed letter volumes continued to decrease
Q1 2025: Addressed letter volumes continued to decrease • Altogether 71 million addressed letters were delivered in Q1. Decline from previous year 13 million items. • The declining trend in addressed letter volumes continue (declined 16%) in Q1. • The share of mail items covered by the universal ser
Slide 9: Financials
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Slide 10: Challenging market negatively impacted Posti Group's net sales
Q1 2025: Challenging market negatively impacted Posti Group’s net sales Net sales decreased by 6.5% to EUR 357.1 (382.1) million. Group’s net sales, 2024 Q1 vs. 2025 Q1 change of sales by EUR million and change, % segments, EUR million 10 24.4.2025
Slide 11: Posti Group's adjusted EBITDA decreased
Q1 2025: Posti Group’s adjusted EBITDA decreased Adjusted EBITDA decreased to EUR 42.5 (53.0) million, or 11.9% (13.9%) of net sales. Group’s adjusted EBITDA, 2024 Q1 vs. 2025 Q1 adjusted EBITDA EUR million and as percentage of net sales change by segments, EUR million 11 24.4.2025
Slide 12: Posti Group's key figures
Q1 2025: Posti Group’s key figures 12 24.4.2025
Slide 13: Outlook and long-term financial targets
Outlook and long-term financial targets
Slide 14: Outlook for 2025 unchanged
Outlook for 2025 unchanged 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 increase uncertainty to economic
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 * Continuing operations
Slide 16: Segments
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Slide 17: eCommerce and Delivery Services key figures
Q1 2025: eCommerce and Delivery Services key figures • The net sales decreased by 0.7% to EUR 151.9 million • The ecommerce and, especially recommerce volumes grew in Finland in an increasingly competitive market, which positively impacted net sales. • The total net sales and profitability marginall
Slide 18: Fulfillment and Logistics Services key figures
Q1 2025: Fulfillment and Logistics Services key figures • The net sales decreased by 2.7% and were EUR 72.5 million • Weak customer demand resulted in a lower fill rate in warehouses which consequently decreased net sales. • Increased demand in in-house logistics and the acquisition of Swedish Cargo
Slide 19: Postal Services key figures
Q1 2025: Postal Services key figures • The net sales of Postal Services decreased by 13.9% to EUR 138.5 million • The net sales were negatively affected by the discontinuation of unaddressed marketing services in the first quarter, as well as declined addressed letter volumes. • The decrease in net
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