bpost NV/SA (BPOSY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, hello and welcome to the BPOST Group third quarter 2025 analyst conference call. On today's call, we have Mr. Philippe Darcien, CFO. Please note, this call is being recorded and for the duration of the call, your line will be on listen only. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing pound key 5 on your telephone keypad to register your question. If you wish to withdraw your question, please dial pound key 6 on your telephone keypad. I will now hand over to your host, Mr. Philippe Darcien, CFO, to begin today's conference. Please go ahead, sir. Thank you very much. Good morning, ladies and gentlemen. Welcome to all of you, and thank you for joining us. I'm pleased to present you our third quarter result as CFO for the BPOS group. Chris, our CEO, could not make it today, and I have with me Antoine Lebec from Investors Relation. We posted the materials on our website this morning. We will walk you through the presentation, and then we'll take your questions. As always, two questions each. We'll ensure everyone gets a chance to be addressed in the upcoming hour. I'll start with the quarterly financial, then move on our financial outlook and provide an update on our key transformation initiative for 2025. As you can see on the highlights on page 3, our group operating income for the third quarter amount to 1 billion 30 million euros, remaining broadly stable year on year and almost at constant scope as FACI has already contributed for two months in the same period last year. As usual, the summer quarters show some seasonal softness, but beyond this, we saw a mix of different factors. At Radial US, we continue to see the expected impact for the 2024 contract termination, but even more ...