Inpost Sa (INPOF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, my name is Gabriela Burdach and I'm Investor Relations Director at Inpost. Welcome to Inpost's fourth quarter and full year 2025 earnings call. A usual disclaimer, today's call includes forward-looking statements that are subject to risks and it is possible that the actual results may differ materially. One very important highlight, with respect to the proposal to acquire all shares in Inpost, we will not answer any questions related to the tender offer. This call is strictly focused on financial results, trading performance, and the outlook update. This call is also being recorded, and the recording will be available on our Aira website shortly after we wrap it up today. After this slide, we will have a Q&A session. Today's presenters are Rafał Roska, CEO, Michael Rouse, CEO International, and Javier Van Engelen, CFO of InPost Group. I am now pleased to hand over to our CEO, Rafał, over to you. Good morning, everyone. Thank you all for joining us today. 2025 was a truly transformational year for Inpost Group. We continued to scale rapidly while strengthening our international footprint through targeted M&As and strategic investments. Let me start with the highlights. In 2025, we handled 1.4 billion parcels, an increase of 25% year-on-year. This reflects increased merchant adoption, strong customer loyalty, and the operational advantages of our expanding network. At the top line, we generated 14.7 billion Polish zloty in revenue, up 34%. And importantly, as shown in the revenue split, more than 50% of group revenue now comes from outside Poland. International diversification is no longer an ambition. It's a structural driver of our business. Our profitability remains solid. Adjusted EBITDA reached 4.1 billion PLN, growing 12% year on year. At the same t...