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POSTI Posti Oyj News Story

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Brief: Posti Group Q3 Net Sales Down At Eur 343.8 Million

Oct 29 (Reuters) - Posti Group Oyj POSTI.HE:

OPERATIONAL EFFICIENCY INITIATIVES DELIVER A RESILIENT ADJUSTED EBIT MARGIN IN A CONTINUOUSLY CHALLENGING MARKET

Q3 NET SALES DECREASED BY 3.9% TO EUR 343.8 MILLION

Q3 ADJUSTED EBITDA DECREASED TO EUR 48.3 (50.9) MILLION, OR 14.0% (14.2%) OF NET SALES.

PARCEL VOLUMES IN FINLAND AND BALTICS INCREASED BY 8% IN Q3

EXPECTING 2025 NET SALES TO BE WITHIN RANGE OF EUR 1,440-1,500 MILLION

EXPECTING 2025 ADJUSTED EBITDA TO BE WITHIN RANGE OF EUR 192-205 MILLION

CONSUMER CONFIDENCE IS EXPECTED TO REMAIN BELOW LONG-TERM AVERAGE THROUGHOUT 2025

MID-TERM FINANCIAL TARGETS: AVERAGE ORGANIC NET SALES GROWTH (3-5-YEAR PERIOD) OF AT LEAST 2% AT GROUP LEVEL VERSUS 2025

Source text: ID:nWkr1KJzTS

Further company coverage: POSTI.HE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;  +48 58 769 66 00;))

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