Poste Italiane celebrates “another record-breaking period of growth”
Poste Italiane, the over 160-year-old postal service provider with the largest distribution network in Italy, has reported record results for the first half of 2025, highlighting strong performance across all business segments and continued value creation for all stakeholders.
Key Financial Highlights – H1 2025:
-
Record Group Revenues of €6.5bn, up 5% year-on-year, with all business units contributing to growth.
-
Record Profitability, with adjusted EBIT up 12% YoY to €1.7bn and net profit rising 14% YoY to €1.2bn.
-
Accelerating Parcel Volumes, up 14% YoY in Q2 and 11% YoY in H1, reflecting robust demand across customer segments.
-
Strong Financial & Insurance Services performance, underpinned by a record quarterly Net Interest Income and solid commercial results in savings and investment products.
-
Significant Growth in Protection Business and solid performance in Postepay services, with revenues up 5% YoY, driven by digital payments momentum and energy business expansion.
-
Robust Balance Sheet, with a Poste Vita Group Solvency II ratio of 315% and BancoPosta total capital ratio at 22.7%.
Segment Performance and Strategic Developments:
-
Mail, Parcel & Distribution revenues reached €1.9bn in H1, up 1.1% YoY, supported by sustained growth in parcel volumes and continued optimisation of distribution operations.
-
Financial Services delivered €2.8bn in revenues, up 5.7% YoY, driven by higher NII and strong placement of investment and savings products.
-
Insurance Services revenues rose to €906m, up 9.5% YoY, with strong traction in the protection business and increased client demand for tailored insurance solutions.
-
Postepay Services achieved €802m in revenues, up 5.4% YoY, benefiting from accelerating digital payments and solid growth in the energy offering.
-
Cost Discipline Maintained with total costs up 3.9% YoY despite business expansion, enabling margin expansion and profitability gains.
-
Total Financial Assets (TFA) rose to €600bn, up €9bn from December 2024, reflecting continued client trust and effective cross-selling across the Group.
FY 2025 Guidance Upgrade:
-
Adjusted EBIT increased from €3.1bn to €3.2bn
-
Net profit raised from €2.1bn to €2.2bn
-
Dividend policy confirmed
Matteo Del Fante, Poste Italiane Chief Executive Officer commented: “I am pleased to share another record-breaking period of growth as we continue to deliver on our strategic plan. The year is progressing very well, with results reflecting consistent strength across all businesses, achieving record first half revenue and profitability.”
