Belgium's Bpost reinstates previously-withdrawn EBIT guidance

Bpost SA

09/11/2023 16:57

Nov 9 (Reuters) - Belgian postal operator Bpost
 BPOST.BR  updated its 2023 core profit forecast on Thursday,
taking into account recent updates on compliance reviews for the
services it provided to the Belgian State.
    The group, which delivers mail and parcels and provides
e-commerce logistics, now expects to report adjusted earnings
before interest and taxes (EBIT) of more than 240 million euros 
($256.94 million) for 2023, and a fall in operating income of a
low-single digit percentage.
    It had previously withdrawn its full-year EBIT guidance of
240 million to 260 million euros, following the preliminary
results of the compliance review.
($1 = 0.9341 euros)

 (Reporting by Augustin Turpin and Olivier Cherfan in Gdansk)
 ((augustin.turpin@thomsonreuters.com;
olivier.cherfan@thomsonreuters.com))