** Shares of Bpost BPOST.BR are up 10% after the struggling Belgian postal operator beat Q1 expectations and reiterated its FY adj. EBIT outlook
** Q1 adj. EBIT was EUR 41.6 million euros ($46.77 million), down more than 40% year-on-year, but still ahead of the EUR 34.2 million estimated in the company-provided consensus
** "Despite being a weak quarter, 1Q25 results came in ahead of expectations," analysts at KBC say in a note
** The result includes EUR 6 million impact on operating income level from a two-week strike in February
** KBC analysts say they are pleased to see Bpost reiterating its outlook, considering it now includes the strike impact
** The shares are on track for their best day since September 2023 if the gains hold
($1 = 0.8891 euros)
($1 = 0.8894 euros)
(Reporting by Hugo Lhomedet)
((Hugo.Lhomedet@thomsonreuters.com;))