Finland's Posti Q2 net sales rise on eCommerce, delivery services growth
Finland's Posti Q2 net sales rise on eCommerce, delivery services growth
Overview
Finland delivery and fulfillment firm's Q2 net sales rose 1.6% year-over-year
Adjusted EBIT and adjusted EBITDA for Q2 both improved from prior year
Growth driven by eCommerce and Delivery Services; addressed letter volumes declined 24%
Outlook
Posti expects 2026 net sales of EUR 1,400–1,500 mln and adjusted EBIT of EUR 63–79 mln
Company says logistics sector to remain challenging in 2026 due to economic uncertainty and higher costs
Parcel market growth seen continuing, while addressed letter volumes expected to decline further
Result Drivers
PARCEL VOLUME GROWTH - Co said eCommerce and Delivery Services segment grew, driven by an 11.9% increase in parcel volumes and higher price point products
NEW CUSTOMERS & PARTNERSHIPS - Co said major new customer wins, expanded contracts and strategic partnerships strengthened commercial position
OPERATIONAL EFFICIENCY - Co said Astra renewal program and launch of new Operations unit improved supply chain and operational efficiency
Company press release: ID:nWkr7ByS1W
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Net Sales |
| EUR 362 mln |
|
Q2 Adjusted EBITDA |
| EUR 43.90 mln |
|
Q2 Adjusted EBIT |
| EUR 12.50 mln |
|
Q2 EBIT |
| EUR 9.60 mln |
|
Q2 EBITDA |
| EUR 41.10 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"
Wall Street's median 12-month price target for Posti Group Oyj is €10.80, about 2.2% below its August 13 closing price of €11.04
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)