Matteo Del Fante
Chief Executive Officer
Replay available
Poste Italiane Spa (PITAF) Q2 2026 Earnings Call
Poste Italiane Spa (OTC: PITAF) Q2 2026 earnings conference call, held 2026-07-24. Replay captured from the company's public earnings webcast.
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Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Poste Italiane Spa.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.872 Good morning, everyone, and welcome to Poste Italiane's second quarter and first half 00:00:03.872 -- 00:00:08.954 2026 results conference call. In a few moments, our CEO, 00:00:08.954 -- 00:00:13.955 Matteo Del Fante, will take you through some opening remarks, including an overview 00:00:13.955 -- 00:00:16.676 of our key strategic initiatives. 00:00:16.676 -- 00:00:21.758 Then, our CFO, Camillo Greco, will give an update on the team transaction and deep 00:00:21.758 -- 00:00:23.999 dive on financials. 00:00:23.999 -- 00:00:28.668 As usual, the presentation will be followed by Q&A session where you can ask questions. 00:00:28.668 -- 00:00:32.349 Thank you Giuseppe and thank you all for joining us. 00:00:49.541 -- 00:00:54.604 Our first half results mark another record for Poste Italiane and confirm 00:00:54.604 -- 00:01:00.348 once again the strength and resilience of our platform business model. 00:01:00.348 -- 00:01:05.772 We're reporting record first half revenues at 6.8 billion, 00:01:05.772 -- 00:01:10.395 up 6%, with healthy growth across all business units. 00:01:10.395 -- 00:01:14.597 Profitability reached a new high, adjusted EBITDA 00:01:14.597 -- 00:01:17.038 of 1.8 billion, up 00:01:17.570 -- 00:01:19.410 7% year-on-year, 00:01:19.410 -- 00:01:24.672 reflecting solid top-line growth and continued cost discipline. 00:01:24.672 -- 00:01:28.672 Net profit came in at 1.2 billion, 00:01:28.672 -- 00:01:33.934 up 4%. Commercial momentum remained strong, with 2.7 00:01:33.934 -- 00:01:39.135 billion investment net inflows, improving postal saving trends and stable retail 00:01:39.135 -- 00:01:44.916 deposits, taking total financial assets to a remarkable 613 billion euros. 00:01:45.518 -- 00:01:51.680 Our balance sheet remain...