Postnl Nv · EURONEXT:PNL
Postnl Nv — FY2020 Earnings Presentation
8 slides from Postnl Nv's earnings presentation, Jan 21, 2021
Slide 1: Preliminary results FY 2020
Preliminary results FY 2020 The Hague, 21 January 2021
Slide 2: Warning about forward-looking statements
Warning about forward-looking statements: Some statements in this presentation are ’forward-looking statements‘. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that may occur in the future. These forward-looking stat
Slide 3: 2020: an exceptional year in unprecedented circumstances
2020: an exceptional year in unprecedented circumstances • Thanks to hard work of our people and resilience of our business, we were able to play a vital role in society • Strong Q4 results and improved and strong financial position: o increase performance-related compensation to reward our people a
Slide 4: Significant outperformance earnings and cash flow guidance
Significant outperformance earnings and cash flow guidance • Extremely busy Q4 accelerates already strong performance of first three quarters • Exceptional performance in last weeks of the year mainly driven by Mail in the Netherlands Key financial metrics for 2020 • Revenue expected to be around €3
Slide 5: Strong operational performance boosted in last weeks of 2020
Strong operational performance boosted in last weeks of 2020 (in € million) Normalised EBIT FY 2020 around 240 Assumed impact Covid-19 Parcels (40) Assumed impact Covid-19 (15) Mail in the Netherlands Normalised EBIT FY 2020 corrected around 185 for exceptional result driven by Covid-19 • 337m parce
Slide 6: Free cash flow around €185m in 2020
Free cash flow around €185m in 2020 (in € million) Free cash flow 2020 around 185 Sale-and lease-back transaction (145) Payment transitional pension plans 200 Free cash flow 2020 corrected for one-off items around 240 Drivers for cash flow development • business performance • pension agreement • str
Slide 7: Into 2021 – based on preliminary results 2020 and current assumptions
Into 2021 – based on preliminary results 2020 and current assumptions Outlook 2021 to be provided on 1 March 2021 (in € million) Normalised EBIT FY 2020 around 240 Assumptions for 2021: • Due to continuing unprecedented circumstances, visibility Assumed impact Covid-19 (55) going forward remains lim
Slide 8: Publication Q4/FY 2020 results and outlook 2021
Publication Q4/FY 2020 results and outlook 2021 • Q4/FY results • More details of the Digital Next program • Outlook 2021, including the financial implications of Digital Next See you on 1 March 2021 8