Finland's Posti Group Q3 sales rise 2.4% on increase in parcel volumes
Overview
Finland delivery and logistics firm's Q3 net sales rose 2.4% yr/yr to EUR 352.1 mln
Adjusted EBIT and net profit improved from a year earlier
Growth driven by eCommerce and Delivery Services, with parcel volumes up 14.2%
Outlook
Posti expects 2026 net sales of EUR 1.4–1.5 bln and adjusted EBIT of EUR 63–79 mln
Company says logistics sector has strengthened but economic uncertainty and risks remain
Posti expects continued growth in ecommerce and intense competition in parcel market
Result Drivers
PARCEL VOLUMES - Co said 14.2% increase in parcel volumes drove growth in eCommerce and Delivery Services
COMMERCIAL EXECUTION - Strong sales efforts and increased demand for ecommerce and parcel deliveries supported segment growth
EFFICIENCY MEASURES - Profitability in Fulfillment and Logistics Services improved due to cost-saving actions
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Sales | EUR 352.10 mln | ||
Q3 Adjusted EBITDA | EUR 51.10 mln | ||
Q3 Adjusted EBIT | EUR 20.10 mln | ||
Q3 EBIT | EUR 18.50 mln | ||
Q3 EBITDA | EUR 49.60 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"
Wall Street's median 12-month price target for Posti Group Oyj is €13.00, about 1.4% above its October 28 closing price of €12.82
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago
Reuters Recommended Reads
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)