Matteo Del Fante: we have once again achieved outstanding results
The Board of Directors of Poste Italiane S.p.A., chaired by Silvia Maria Rovere, approved the 9M-2025 Financial Results (unaudited).
Matteo Del Fante, Poste Italiane Chief Executive Officer commented: “Following five straight quarters of record performance, we have once again achieved outstanding results, with nine-month revenue of 9.6 billion euro, up 4% year-on-year, and adjusted EBIT rising 10% to 2.5 billion euro.
The strength of these results confirms yet again our ability to deliver sustainable and profitable growth across all business segments, supported by solid commercial execution and effective cost management.
On the back of these results, we are highly confident of hitting our updated FY-25 guidance of 3.2 billion adjusted EBIT and 2.2 billion Net Profit.
In Mail, Parcel & Distribution revenue growth was driven by increasing parcel volumes and supported by improving client base diversification, with revenues at over €2.8 billion in the first nine months.
In Financial Services, external revenues increased by 5% year-on-year in the nine months to €4.2 billion, supported by sustained investment portfolio strength and solid commercial momentum.
Insurance Services delivered strong profitability in both Life Investment and Pension and protection segments with revenues up 10% in the nine months to €1.4 billion.
Postepay Services confirmed sustainable revenue growth and solid profitability acceleration, with revenues up 5% to €1.2 billion and Adjusted EBIT up 9% to €416 million in the first nine months, supported by 9.3% increase in transaction value and 12.8% growth in total ecosystem transactions. Energy client base reached around 950,000 clients, putting us well on track to reach the 1 million milestone by year-end.
I am pleased to report that the migration of our clients to the Super App has been successfully completed. To date, the Super App is used by 15 million clients with 4.1 million daily active users in November 2025, which is more than the historical figure of all our previous apps combined.
We maintain a solid group balance sheet, with low leverage and an insurance Solvency II ratio at 312%, well above our managerial ambition, providing us with significant financial flexibility.
On November 26 we will distribute a record interim dividend of €0.40 per share, equivalent to €518 million in total, up a remarkable 21% year-on-year.
We are accelerating initiatives to unlock synergies with TIM. In Q1 2026, Poste Mobile will begin migrating to TIM’s mobile infrastructure following the signing of the MVNO contract. Additionally, on September 29th, we launched ‘TIM Energia powered by Poste Italiane’ in over 750 TIM retail outlets, with early results showing strong and promising traction.
Actively working on additional cross-selling opportunities and exploring cost efficiency initiatives through joint procurement. We will communicate developments to the market in a phased manner, as relevant agreements are finalised.
Finally, with the Letter of Intent signed, Poste Italiane is taking a decisive step forward in digital innovation through a new joint venture with TIM Enterprise, dedicated to cloud-related IT services.
Once again, these excellent results are a testament to the dedication and professionalism of our people, whose daily commitment remains at the heart of our success”.
