bpost signals intent to become “international e-commerce logistics player”

bpost signals intent to become “international e-commerce logistics player”

Belgium’s bpost has announced its intention to “become an international e-commerce logistics player”, with 45% of its revenues generated by activities outside Belgium and 60% of revenues generated by parcels and logistics activities by 2022.

In a statement sent to Post&Parcel today (21 June), bpost said that it will use its Capital Markets Day to outline a “redefined vision” for 2022 – which will include three strategic priorities as well as mid-term objectives for the period 2018-2022.

The company explained why it is look to transform and diversify its business: “As the environment and customer needs are changing rapidly, bpost’s traditional business in Belgium is under pressure with mail volume decline accelerating (up to -7% expected in 2018). Therefore bpost has to capture the growth of parcels (double digit volume growth expected in 2018) and logistic activities related to e-commerce in the Belgium-Netherlands (Be-Ne) region, Europe, North America, and Asia.

Koen Van Gerven, Group CEO of bpost, commented: “Our 2022 vision is to be, beyond mail, an efficient global e-commerce logistics player anchored in Belgium.

“Our transformation will thus continue in order to adapt to evolving customer needs in our fast-paced environment and extended Be-Ne home region, and to ensure a sustainable future for our company.”

bpost said its three strategic priorities are:

1. Remain an efficient provider of mail, retail and public services

2. Grow profitably in Parcels & Logistics business in Europe and Asia

3. Deliver on the Radial investment thesis in North America

bpost said that the strategic priorities “translate into revised medium-term financial objectives”, key elements of which include:

• Normalized EBIT 2018: Guidance of low end of €560-600m normalized EBITDA equivalent to normalized EBIT of €400-440m.
• Normalized EBIT 2019-2022: Ambition to achieve organic normalized EBIT in the range of €390m to €440m, with 2019 expected to be the low end of the range.

Van Gerven added: “bpost can rely on a strong track record of successful transformation experience. Furthermore, operational excellence is embedded throughout our company and has been developed over more than a decade with all stakeholders.

“I am confident and delighted that we will successfully conduct the next phase of our transformation as we have a strong management team with well-defined agenda in each business yet to successfully conduct the next phase of our transformation and a clear and, shared 2022 vision for our Group”.


Relevant Directory Listings

Listing image


Since 2001, KePol parcel lockers from innovation leader KEBA ensure easy automating of the first and last mile of parcel logistics processes. First-class quality and outstanding reliability make KePol the world’s best locker solution available. Thanks to its modularity, the flexibility is high and customizing […]

Find out more

Other Directory Listings




P&P Poll


What is your top business priority?

Thank you for voting
You have already voted on this poll!
Please select an option!

MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.


News Archive

Pin It on Pinterest

Share This