bpostgroup aims to “become a regional and digital expert in parcel-sized logistics” by 2029

Today, bpostgroup is hosting its Capital Markets Day, during which CEO Chris Peeters, CFO Philippe Dartienne, and the business units’ CEOs will present the company’s strategy and financial outlook to the analyst and investor community.

Highlights

• bpostgroup has the ambition towards 2029 to become a regional and digital expert in parcel-sized logistics.
• This ambition is supported by a comprehensive transformation program, repositioning the company from a postal operator with logistics capabilities to a logistics leader that also provides postal services.
• Under the “Rethink the Possible” strategy, launched in 2024, the strategy for this transformation and the long-term ambition were defined.
• #Reshape2029 now focuses on executing on the transformation. This will be done through seven “Must-Wins” that translate bpostgroup’s strategic vision into concrete actions and measurable results.
• Within the broader transformation journey of #Reshape2029, aimed at returning to profitable growth and creating long-term shareholder value, bpostgroup sets a 3-year intermediate financial milestone (2024–2027). Over this period, top-line growth is expected to be driven primarily by the expansion of its logistics and cross-border activities, with bpostgroup’s top-line expected to exceed €5.0bn in 2027. This will support a progressive EBIT recovery to above €275m in 2027, with momentum expected to build from 2026 onward.
• bpostgroup is set to deploy €160-180m in annual CAPEX to support a focused organic growth strategy, with around half allocated to growth areas driving long-term profitability, enhanced customer experience, and sustainable top-line growth.
• A progressive and sustainable dividend policy is aimed for, with a pay-out ratio in the range of 30-50% of IFRS net profit with a clear focus on long-term value creation.
• The company remains firmly committed to preserving its standalone investment-grade credit rating, with a clear deleveraging plan in place following the Staci acquisition. In the near term, debt reduction takes priority over M&A, supported by strong cash flows and a disciplined financial strategy, with the objective of reducing the leverage ratio to below 2.5x by 2027.

Chris Peeters, CEO of bpostgroup: “bpostgroup has been active in e-commerce and logistics for almost ten years. With our ambition for 2029, we want to accelerate this transformation and grow into a regional and digital expert in parcel-sized logistics. This means that we are reviewing our operational processes to put parcels at the core of our activities, while continuing to deliver postal products. To achieve this, we have set up #Reshape2029, a solid transformation strategy that will reposition the group in the market and achieve sustainable growth in terms of revenue, profit margin, and market relevance”.