bpostgroup CEO: Our results..reflect the typical seasonal softness

bpostgroup’s Q3 2025 results showed flat revenue and a small operating loss, reflecting seasonal softness and U.S. client churn, but the company maintained its full-year outlook and continued steady progress on its transformation toward a parcel-focused logistics business.

Third quarter 2025 highlights

• Group operating income at 1,029.6 mEUR, +0.4% or +4.5 mEUR compared to last year.
• Group adjusted EBIT at -3.0 mEUR. Group reported EBIT at -12.3 mEUR, a decrease by -10.2 mEUR compared to last year.
• BeNe Last-Mile
  • Total operating income at 533.6 mEUR (-1.4% or -7.6 mEUR) compared to last year.
  • -15.9 mEUR lower Mail and Press revenues.
  • Underlying Mail volume decline of -10.1% (-9.4% excluding Press) mitigated by +4.1% from price/mix impact (+4.7% excluding Press).
  • Parcels volumes increased by +2.8% and price/mix impact +0.5%.
  • Slightly lower operating expenses mainly driven by lower FTE’s and interims offsetting salary indexations.
  • Reported EBIT at -10.1 mEUR and adjusted EBIT at -9.4 mEUR.
• 3PL
  • Total operating income at 369.4 mEUR (+1.1%) driven by Staci consolidation impact (acquired as of August 2024) and continued expansion of Active Ants and Radial Europe, offset by lower revenues (-58.2 mEUR or -24.2% excluding exchange rates) at Radial North America due to client churn.
  • Higher operating expenses (+3.3%) from Staci consolidation impact and integration costs, offsetting reduced operating expenses from lower US volumes and sustained productivity gains.
  • Reported EBIT at -10.1 mEUR and adjusted EBIT at -1.7 mEUR.
• Global Cross-border
  • Total operating income at 149.7 mEUR or +8.7%, solid momentum in Asian volumes with all key destinations, including Belgium and US and growth in Canadian domestic revenues offsetting lower revenues at Landmark US from tariff impacts.
  • Higher operating expenses from higher volume driven transport costs.
  • Reported EBIT at 17.1 mEUR (11.4% margin) and adjusted EBIT at 17.2 mEUR (11.5% margin).

Chris Peeters, CEO of bpostgroup: “Our results align with the plan and reflect the typical seasonal softness. We’re on track with the transformation plan in the three business units, and a lot of elements are put in place to speed up the pace in the following months.
​All our attention goes now on the crucial year-end period. Our teams are ready to address this peak, and we are confident in a solid execution throughout the group.”