Slide 1: Interim report 1-9/2020
Interim report 1-9/2020 Posti Group’s adjusted operating result improved notably in the third quarter due to fast and agile scaling of operations
Slide 2: Posti in figures 7-9/2020
Posti in figures 7-9/2020 Net sales EUR 381.2 million (EUR 381.2 million) Adjusted operating result EUR 16.9 million (EUR 11.5 million) Number of personnel at the end of period ~20,600 (~20,200)
Slide 3: Financial highlights
Financial highlights 7–9/2020 • Net sales were at the previous year’s level, EUR 381.2 (381.2) million. • Adjusted EBITDA was EUR 47.1 (40.5) million, or 12.4% (10.6%) of net sales. • The adjusted operating result improved to EUR 16.9 (11.5) million, representing 4.4% (3.0%) of net sales. • The oper
Slide 4: Operational highlights 7–9/2020
Operational highlights 7–9/2020 Fast and agile scaling of operations • We can be very pleased with our third quarter to new market environment results, despite the impact of COVID-19 pandemic. • Posti’s employees have shown excellent teamwork Adjusted operating result 4.4% of net + and dedication du
Slide 5: Parcel volumes keep growing
Parcel volumes keep growing The number of parcels Parcel volume growth going through Posti in Finland and in the Parcel Lockers Baltics 7–9/2020 7–9/2020 +67% +21% Freight volumes* Addressed letter 7–9/2020 volumes 7–9/2020 -2% -20% * Measured in waybills
Slide 6: Parcel & eCommerce and logistics business almost 60% of net sales in Q3
Parcel & eCommerce and logistics business already almost 60% (54%) of net sales in Q3
Slide 7: Continuing our renewal and focusing on core
Continuing our renewal and To be replaced Homewith higher resolution carea pictureversion to be focusing on core added • In September, we divested our home care services provider Posti Kotipalvelut Oy to Stella Care Oy. • After the reporting period on October 28, we announced the divestment of Posti
Slide 8: Business Environment
Business Environment
Slide 9: We have managed the COVID-19 situation well, but need to accelerate transformation
We have managed the COVID-19 situation well, but the need to accelerate our transformation continues • During the pandemic, protecting the health of our ! personnel and customers in different countries has been Finnish GDP -4.5% in 2020 our number 1 priority. Swedish GDP -6.5% in 2020 • We have succ
Slide 10: Financials
Financials
Slide 11: Posti Group's Q3 net sales
Posti Group’s Q3 net sales Q3 net sales, EUR 381.2 (381.2) million, at the previous year’s level
Slide 12: Posti Group's Q3 adjusted operating result
Posti Group’s Q3 adjusted operating result Q3 adjusted operating result increased by 47% to EUR 16.9 (11.5) million
Slide 13: Posti Group's key figures
Posti Group’s key figures * Continuing operations ** Restated based on the new definition of special items
Slide 14: Posti Group's operating expenses decreased
Posti Group’s operating expenses decreased • Several cost saving measures introduced in the second quarter, including temporary layoffs, were bearing fruit in the third quarter • Personnel on average FTE in Q3 2020 was 16,187 (16,527) * includes depreciation and amortization, excludes impairment los
Slide 15: Long term financial targets
Long term financial targets * Restated based on the new definition of special items ** 2016-2018 is not according to IFRS 16 standard
Slide 16: Outlook
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Slide 17: Posti's outlook for 2020 (unchanged)
Posti’s outlook for 2020 (unchanged) The coronavirus situation makes the macro economic outlook extremely difficult to predict for the full year. Posti maintains its outlook for 2020, but because of these exceptional circumstances, Posti’s full-year outlook includes a significant level of uncertaint
Slide 18: Segments
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Slide 19: Mail, Parcel and Logistics Services key figures
Mail, Parcel and Logistics Services key figures July-September • Net sales decreased to EUR 344.9 (360.6) million • Increased in Parcel and eCommerce but decreased in other business groups • Especially the continued mail volume decline, accelerated by postal strike in the second half of 2019, produc
Slide 20: Mail, Parcel and Logistics Services key figures
Mail, Parcel and Logistics Services key figures January-September • Net sales decreased to EUR 1,068.6 (1,112.1) million • Increased in Parcel and eCommerce and Transval but decreased in other business groups • Especially the continued mail volume decline, accelerated by postal strike in the second
Slide 21: Itella Russia key figures
Itella Russia key figures July-September • Reported euro-denominated net sales decreased by 34.7% to EUR 13.5 (20.7) million • Net sales decreased in Contract Logistics due to restructuring actions of warehouses and the impact of coronavirus situation to Transport • The adjusted operating result was
Slide 22: Itella Russia key figures
Itella Russia key figures January-September • Reported euro-denominated net sales decreased by 26.1% to EUR 44.2 (59.8) million • Net sales decreased in Contract Logistics due to restructuring actions of warehouses and the impact of coronavirus situation to Transport • The adjusted operating result
Slide 23: Aditro Logistics key figures
Aditro Logistics key figures July-September • Net sales were EUR 23.2 million • Aditro Logistics’ operations consists of contract logistics, transportation and staffing businesses • Especially contract logistics and transportation businesses were impacted by COVID-19 • The customer mix changes that
Slide 24: Aditro Logistics key figures
Aditro Logistics key figures January-September* • Net sales were EUR 45.7 million • Especially contract logistics and transportation businesses were impacted by COVID-19 • The customer mix changes that were carried out as planned during 2020 also impacted net sales • Adjusted and reported operating
Slide 25: Thank you!
Thank you!