Belgium's Bpost misses Q1 core profit estimates

Bpost SA

03/05/2024 06:11

May 3 (Reuters) - Belgium's postal operator Bpost
 BPOST.BR  reported quarterly core profit below expectations on
Friday, saying its revenues were under pressure in North
America.
    Its adjusted earnings before interest and tax (EBIT) fell
20% to 62.1 million euros ($66.6 million) in the first quarter,
from 77.6 million euros a year earlier.
    Analysts polled by the company had forecast an adjusted EBIT
of 69.7 million euros for the quarter.
($1 = 0.9319 euros)

 (Reporting by Olivier Cherfan in Gdansk; editing by Milla
Nissi)
 ((olivier.cherfan@thomsonreuters.com))