Ankündigung • Aug 30
bpost NV/SA to Report Fiscal Year 2024 Final Results on Feb 27, 2025 bpost NV/SA announced that they will report fiscal year 2024 final results on Feb 27, 2025 Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: €0.16 (vs €0.22 in 2Q 2023) Second quarter 2024 results: EPS: €0.16 (down from €0.22 in 2Q 2023). Revenue: €988.1m (down 2.9% from 2Q 2023). Net income: €31.5m (down 28% from 2Q 2023). Profit margin: 3.2% (down from 4.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Declared Dividend • May 12
Dividend of €0.091 announced Shareholders will receive a dividend of €0.091. Ex-date: 15th May 2024 Payment date: 17th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: €0.21 (vs €0.23 in 1Q 2023) First quarter 2024 results: EPS: €0.21 (down from €0.23 in 1Q 2023). Revenue: €993.0m (down 5.5% from 1Q 2023). Net income: €41.6m (down 10% from 1Q 2023). Profit margin: 4.2% (down from 4.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: €0.33 (vs €1.16 in FY 2022) Full year 2023 results: EPS: €0.33 (down from €1.16 in FY 2022). Revenue: €4.27b (down 2.3% from FY 2022). Net income: €65.7m (down 72% from FY 2022). Profit margin: 1.5% (down from 5.3% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 10
Third quarter 2023 earnings released: €0.28 loss per share (vs €0.12 profit in 3Q 2022) Third quarter 2023 results: €0.28 loss per share (down from €0.12 profit in 3Q 2022). Revenue: €978.5m (down 3.7% from 3Q 2022). Net loss: €56.6m (down 327% from profit in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Ankündigung • Aug 23
bpost NV/SA (ENXTBR:BPOST) acquired remaining 25% stake in Active Ants B.V. bpost NV/SA (ENXTBR:BPOST) acquired remaining 25% stake in Active Ants B.V. on August 21, 2023. Post this transaction bpost NV/SA (ENXTBR:BPOST) holds 100% stake in Active Ants. Active Ants directors Jeroen Dekker and Jean Lahaye are leaving the company but will continue to work to ensure a smooth transition. Bram Blondé takes up his role as CEO of Active Ants on August 21, 2023.bpost NV/SA (ENXTBR:BPOST) completed the acquisition of remaining 25% stake in Active Ants B.V. on August 21, 2023. Reported Earnings • Aug 07
Second quarter 2023 earnings released: EPS: €0.22 (vs €0.34 in 2Q 2022) Second quarter 2023 results: EPS: €0.22 (down from €0.34 in 2Q 2022). Revenue: €1.02b (down 1.1% from 2Q 2022). Net income: €43.8m (down 36% from 2Q 2022). Profit margin: 4.3% (down from 6.6% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Ankündigung • Aug 04
bpost NV/SA to Report Q3, 2023 Results on Nov 09, 2023 bpost NV/SA announced that they will report Q3, 2023 results on Nov 09, 2023 Upcoming Dividend • May 11
Upcoming dividend of €0.28 per share at 9.0% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 9.0%. Within top quartile of Swiss dividend payers (4.3%). Higher than average of industry peers (2.9%). Reported Earnings • May 05
First quarter 2023 earnings released: EPS: €0.23 (vs €0.31 in 1Q 2022) First quarter 2023 results: EPS: €0.23 (down from €0.31 in 1Q 2022). Revenue: €1.05b (up 1.4% from 1Q 2022). Net income: €46.3m (down 25% from 1Q 2022). Profit margin: 4.4% (down from 6.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Ankündigung • May 05
bpost NV/SA to Report Q2, 2023 Results on Aug 03, 2023 bpost NV/SA announced that they will report Q2, 2023 results at 5:45 PM, Central European Standard Time on Aug 03, 2023 Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: €1.16 (vs €1.26 in FY 2021) Full year 2022 results: EPS: €1.16 (down from €1.26 in FY 2021). Revenue: €4.40b (up 2.6% from FY 2021). Net income: €232.5m (down 7.3% from FY 2021). Profit margin: 5.3% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 2.1% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Independent Director David Cunningham was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.34 (vs €0.36 in 2Q 2021) Second quarter 2022 results: EPS: €0.34 (down from €0.36 in 2Q 2021). Revenue: €1.04b (flat on 2Q 2021). Net income: €68.2m (down 5.9% from 2Q 2021). Profit margin: 6.6% (down from 7.0% in 2Q 2021). Over the next year, revenue is forecast to grow 2.6%, compared to a 2.4% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • May 09
Upcoming dividend of €0.34 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Trailing yield: 8.7%. Within top quartile of Swiss dividend payers (3.8%). Higher than average of industry peers (3.2%). Reported Earnings • May 08
First quarter 2022 earnings released: EPS: €0.31 (vs €0.40 in 1Q 2021) First quarter 2022 results: EPS: €0.31 (down from €0.40 in 1Q 2021). Revenue: €1.04b (up 3.1% from 1Q 2021). Net income: €61.7m (down 24% from 1Q 2021). Profit margin: 5.9% (down from 8.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.1% while the industry in Switzerland is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 9 new directors who have joined the board in the last 3 years. CEO, Group Company Secretary, Chief Legal & Regulatory Officer and Director Dirk Tirez was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.25 (up from €0.097 loss in FY 2020). Revenue: €4.34b (up 5.2% from FY 2020). Net income: €250.9m (up €270.3m from FY 2020). Profit margin: 5.8% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to stay flat compared to a 6.2% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Ankündigung • Feb 02
Bpost Group Announces Appointment of Henri De Romrã©E as CEO of E-Logistics North-America Business, Effective March 7, 2022 Effective 7 March 2022, Henri de Romrée will become CEO of bpost group's e-logistics North-America business unit, including accountability for Radial, Landmark Global, Apple Express and FDM. He will report to the CEO of bpost group and become a member of bpost Group Executive Committee (GEC). Henri has experience in various areas of business communities and has built up a deep knowledge in the transport, logistics and e-commerce sector from his roles in consulting and at bpost. Henri was active at bpost from 2018 to 2020. He became bpost Chief Financial Officer from 2018 to 2019 before heading the Mail & Retail business in Belgium. He then moved to the North American operations and became CEO of Radial, the US subsidiary of bpost group, from 2019 to 2020. In December 2020, he left Radial for personal reasons and returned to Belgium. Ankündigung • Jan 27
Golden Palace Antwerpen Sa signed a binding agreement to acquire Ubiway Retail NV from bpost NV/SA (ENXTBR:BPOST). Golden Palace Antwerpen Sa signed a binding agreement to acquire Ubiway Retail NV from bpost NV/SA (ENXTBR:BPOST) on January 26, 2022. The transaction is expected to close by the end of February 2022. Degroof Petercam Corporate Finance SA/NV acted as financial advisor to bpost NV/SA. Ankündigung • Jan 05
BNP Paribas Fortis SA (ENXTBR:017250539) completed the acquisition of bpost banque SA from bpost NV/SA (ENXTBR:BPOST). BNP Paribas Fortis SA (ENXTBR:017250539) reached a non-binding agreement to acquire remaining 50% stake in bpost banque SA from bpost SA/NV (ENXTBR:BPOST) for €120 million on December 23, 2020. bpost and BNPPF have the intention to sign binding agreements by the end of March 2021. The transaction is subject to customary conditions, including competition and other regulatory approvals. As of June 30, 2021, BNP Paribas and bpost SA/NV have sought approval from the European Commission. The EU antitrust has set August 4, 2021 as the deadline for concluding the inquiry. As of January 4, 2022, the regulators (the National Bank of Belgium and the European Central Bank) approved the transaction, in December 2021. The transaction is expected to close by the end of 2021. Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor to bpost SA/NV. Baele, Felice ; Bayart, Christian ; Bomble, Noemie ; De Waele, Niels ; Declerck, Thomas ; Dubois, Marie-Elisabeth ; Everaert, Joost ; Fall, Alexandre ; Franceus, Bart ; Hautekiet, Juno ; Jacobs, Piet ; Kierszenbaum, Sylvia ; Lecomte, Astrid ; Leleu, Maxime ; Mertens, Thales ; Ninane, Florence ; Réco, Antoine ; Van de Voorde, Wouter ; Van Dyck, Peter ; Van Espen, Evelien ; Van Espen, Lore ; Verhoeven, Bert ; Verschoot, Steven ; Voet, Frederik of Allen & Overy LLP (Brussels) acted as legal advisor to BNP Paribas Fortis.
BNP Paribas Fortis SA (ENXTBR:017250539) completed the acquisition of bpost banque SA from bpost NV/SA (ENXTBR:BPOST) on January 3, 2022. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS €0.08 (vs €0.22 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €977.6m (up 1.4% from 3Q 2020). Net income: €16.5m (down 63% from 3Q 2020). Profit margin: 1.7% (down from 4.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 08
Second quarter 2021 earnings released: EPS €0.36 (vs €0.22 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €1.03b (down 1.4% from 2Q 2020). Net income: €72.5m (up 67% from 2Q 2020). Profit margin: 7.0% (up from 4.2% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 07
Architech Equity LLC acquired The M.A.I.L. Group, Inc. from bpost SA/NV (ENXTBR:BPOST). Architech Equity LLC acquired The M.A.I.L. Group, Inc. from bpost SA/NV (ENXTBR:BPOST) on August 5, 2021. Republic Partners served as financial advisor to bpost and Morgan, Lewis & Bockius served as legal advisor to bpost.
Architech Equity LLC completed the acquisition of The M.A.I.L. Group, Inc. from bpost SA/NV (ENXTBR:BPOST) on August 5, 2021. Board Change • Jul 27
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Chairperson Audrey Hanard was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Executive Departure • May 26
Non-Executive Director has left the company On the 13th of May, Bernadette Lambrechts' tenure as Non-Executive Director ended after 7.1 years in the role. We don't have any record of a personal shareholding under Bernadette's name. A total of 3 executives have left over the last 12 months. Executive Departure • May 26
Independent Director has left the company On the 13th of May, Filomena Teixeira's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Filomena's name. A total of 3 executives have left over the last 12 months. Executive Departure • May 26
Independent Director has left the company On the 13th of May, Saskia Van Uffelen's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Saskia's name. A total of 3 executives have left over the last 12 months. Reported Earnings • May 09
First quarter 2021 earnings released: EPS €0.40 (vs €0.24 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.02b (up 11% from 1Q 2020). Net income: €80.7m (up 69% from 1Q 2020). Profit margin: 7.9% (up from 5.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 10
Full year 2020 earnings released: €0.10 loss per share (vs €0.77 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €4.15b (up 9.8% from FY 2019). Net loss: €19.4m (down 113% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 10
Revenue misses expectations Revenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 3.9%, compared to a 5.8% growth forecast for the Logistics industry in Switzerland. Ankündigung • Mar 10
bpost SA/NV to Report Q1, 2021 Results on May 05, 2021 bpost SA/NV announced that they will report Q1, 2021 results at 5:45 PM, Central European Standard Time on May 05, 2021 Ankündigung • Jan 28
bpost SA/NV(ENXTBR:BPOST) dropped from FTSE All-World Index (USD) bpost SA/NV(ENXTBR:BPOST) dropped from FTSE All-World Index (USD) Ankündigung • Dec 25
BNP Paribas Fortis SA (ENXTBR:017250539) reached a non-binding agreement to acquire remaining 50% stake in bpost banque SA from bpost SA/NV (ENXTBR:BPOST) for €120 million. BNP Paribas Fortis SA (ENXTBR:017250539) reached a non-binding agreement to acquire remaining 50% stake in bpost banque SA from bpost SA/NV (ENXTBR:BPOST) for €120 million on December 23, 2020. bpost and BNPPF have the intention to sign binding agreements by the end of March 2021. The transaction will be subject to customary conditions, including regulatory approvals. The transaction is expected to close by the end of 2021. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.4% growth forecast for the Logistics industry in Switzerland.