bpost: Q3 adjusted earnings up 15.7%

(CercleFinance.com) - bpost has published Q3 adjusted EBITDA that is down 6.
1% to 98.3 million euros, while adjusted EBIT was down 33.5% y-o-y to 26 million euros.

Despite this, Q3 adjusted earnings amounted to 27.1 million euros, up 15.7% y-o-y.

bpost says that the increase in the price of mail has offset the drop in volumes and the group is continuing its efforts to mitigate the macroeconomic headwinds.

Bpost has revised its full-year EBIT guidance to a range of 265 to 300 million euros, to reflect the outperformance of Q3 results.



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