Poste Italiane CEO: With this new strategic plan we are reshaping our business to seize substantial growth

Today, Poste Italiane has approved a strong baseline for its 2024-2028 Strategic Plan: The Connecting Platform. 

These strategic highlights include:

·       Group Revenue up by c.3% (2023-2028 CAGR) to €13.5bn in 2028 with positive contributions from all business segments and increasing exposure to growing businesses.

·       Operating profit up by c.4% (2023-2028 CAGR) to € 3.2bn in 2028.

·       Net Profit up by c.4% (2023-2028 CAGR) to €2.3bn in 2028.

·       Customers’ Total Financial Assets growing from €581bn in 2023 to €624bn in 2028.

·       Targeting a dividend per share of no less than €1bn in 2026 and at least €6.5bn cumulated dividends over the plan.

Commenting on the new plan, Matteo Del Fante, Chief Executive, said:

“Poste Italiane‘s transformation journey started back in 2017 with a simple ambition: to maximize value for our clients and be the most effective and trusted distribution network in Italy. 

We have gone beyond that and established ourselves as the largest phygital platform in Italy, thriving on the integration of multiple touchpoints and creating an omnichannel ecosystem, where each portion of the platform complements the other. We have invested in digital, data, and our businesses, with our vast client base at the centre. 

With this new strategic plan we are reshaping our business to seize substantial growth: with the New Commercial Service Model, designed to optimize the value of our platform and the logistics transformation to evolve into a future-proof network and preserve the financial sustainability of our mail and parcel business.”