Poste Italiane (PST) Q3 2025 earnings summary

Executive summary

• Achieved record nine-month revenues of €9.64bn (+4.5% y/y), adjusted EBIT of €2.52bn (+10.5% y/y), and net profit of €1.77bn (+11.2% y/y), with all business units contributing to growth.

• Interim dividend of €0.40 per share (+21% y/y), totaling €518m, to be paid in November 2025, reflecting robust financial health.

• Completed migration to the Super App, reaching 15 million users and 4.1 million daily active users.

• Confirmed FY25 guidance: €3.2bn adjusted EBIT and €2.2bn net profit.

• Share price reached a record €21.07 in November 2025.

Financial highlights

• 9M-25 revenues: €9.64bn (+4.5% y/y); Q3-25 revenues: €3.18bn (+3.9% y/y).

• 9M-25 adjusted EBIT: €2.52bn (+10.5% y/y); Q3-25 adjusted EBIT: €856m (+8.5% y/y).

• 9M-25 net profit: €1.77bn (+11.2% y/y); Q3-25 net profit: €603m (+6.1% y/y).

• Group client Total Financial Assets reached €601bn, up €10bn from December 2024.

• EPS: €1.36 (+11% y/y); Capex: €658m (+40.5% y/y), with 70% ESG-compliant investments.

Outlook and guidance

• FY25 guidance for adjusted EBIT (€3.2bn) and net profit (€2.2bn) reaffirmed.

• Dividend payout ratio increased to 70% for 2024–2028.

• Management expects continued execution of the 2024–2028 Strategic Plan, focusing on customer value, logistics transformation, and digital innovation.

• Guidance supported by strong commercial momentum and effective cost management.

• Strategic focus on omnichannel engagement, AI, cloud, and sustainability initiatives.