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

Bpost SA

Yesterday 09:14

** 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)

(Reporting by Dimitri Rhodes in Gdansk)
((dimitri.rhodes@thomsonreuters.com))