PostNL Reports First-Half 2026 Revenue of EUR1.6 Billion and Confirms Full-Year Outlook

Earnings
โดย GuruFocus·NL·Read original
Summary · why it matters

PostNL reported first-half 2026 revenue of EUR1.6 billion, nearly in line with last year, and confirmed its full-year outlook for normalized EBIT between EUR40 million and EUR70 million and free cash flow between zero and minus EUR30 million. Normalized EBIT improved slightly year-over-year, while free cash flow significantly improved to minus EUR70 million, driven by proactive working capital management. E-commerce revenue fell 2.4% to EUR937 million as volumes declined 6.4%, with domestic volumes down 4.2% and international volumes down 15%, though average price per parcel rose 5%. The Platforms segment saw revenue up 1% to EUR379 million, with European e-commerce volumes growing 28%, but reported a normalized EBIT loss of EUR3 million. Mail revenue edged up 0.5% to EUR623 million despite a 5.3% volume decline, and the company achieved EUR24 million in e-commerce cost savings in the first half, on track for EUR40 million to EUR50 million for the full year, while launching an additional EUR75 million cost-saving program for 2027-2028.

Impact on stocks 2

Industrials · 1 stocks
PostNL NV
PNL
± MixedCapitalrelevance

Reports first-half revenue and confirms outlook with mixed results; EBIT improved but FCF negative.

Others · 1 stocks
PostNL N.V
TNTFF
± MixedCapitalrelevance

Reports first-half revenue and confirms outlook with mixed results; EBIT improved but FCF negative.