Bnode drops on 'bleak' Q4 outlook after 'disappointing' Q3

By Reuters News

** Shares in Bnode BPOST.BR drop about 19% after another FY guidance cut following worse-than-expected Q3

** The Belgian postal operator posts adjusted EBIT loss of €21 million ($24 million) and expects the metric to come between €95-€105 million for the year (prev.: around €140 million)

** KBC Securities says Q3 "significantly disappoints" while a "bleak" Q4 outlook drives second FY guidance cut this year

** Degroof Petercam says a lack of parcel growth, higher cost inflation and a lack of improvement at Radial US weigh on the outlook

** The stock heads for its worst day since end-Feb 2025 if losses persist

** It touches its lowest price ever

($1 = 0.8930 euros)

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk