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BPOST Bpost SA News Story

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IndustrialsAdventurousSmall CapValue Trap

Bpost jumps on Q2 beat

** Shares in Bpost BPOST.BR rise more than 8% after Belgium's postal operator reported a Q2 operating beat, updated FY guidance

** Quarterly adjusted EBIT came 22% above company-compiled consensus at 58.3 million euros ($67.92 million)

** Bpost now expects FY operating profit to reach the upper end of the confirmed 150-180 million euros guidance

** The update is "solid" with a "nice beat on profits", Degroof Petercam says

** The broker sees room to lift its FY earnings estimates by a low/mid-single digit percentage, expects consensus to move in the same direction

** Shares are on track for best day since September 2023

($1 = 0.8584 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))

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