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Goals and achievements Five years of revenue and net profit growth

In 2017 we started our transformation journey building on our historical competitive advantages with a clear strategy of growth and transformation.
A transformation to benefit all our stakeholders: our community, our shareholders and our people.
Today, Poste Italiane has consolidated its role of strategic pillar for the country we are here for our communities, delivering some 30 million vaccine-doses and enabling the vaccine-booking platform for a third of Italians. We are here supporting the country’s digitalization through our 22 million digital identities, which enable citizens to access a growing number of services leveraging on our state-of-the-art IT and digital properties.
Our people are key in implementing our strategy. Since 2017 we have renewed the workforce, with over 15 thousand new employees, circa 45% of whom are women, and invested heavily in training and upskilling programmes.
Finally, our shareholders can appreciate our steady increase in operating profitability, up by a strong 64% since 2017, allowing us to increase shareholder remuneration, with over 3.1 billion euro in dividends distributed between 2017 and 2021, and a total shareholder return over 100%.

SIGNIFICANT ACHIEVEMENTS FOR ALL STAKEHOLDERS SINCE 2017



 

Group results 2015-2021

 

  2015 2016 2017 2018 2019 2020 2021 CAGR (2021 vs 2015)
Revenues (€m) 30,739 10,643 10,629 10,864 11,038 10,526 11,220 +1.1%
EBIT (€m) 880 1,041 1,123 1,499 1,774 1,524 1,846 +12.1%
Net Profit (€m) 552 622 689 1,399 1,342 1,206 1,580 +20.5%
Investments (€m) 488 451 467 538 734 680 754 +10.8%
Total Financial Assets (€bn) 476 493 506 514 536 569 586 +3.5%
DPS (€) 0.34 0.39 0.42 0.44 0.46 0.49 0.59 +8.6%


€bn unless otherwise stated
KEY FINANCIAL TARGETS
Profitability trajectory supporting enhanced dividend policy
  2021 2022 2024 CAGR 2019-2024
Revenues  11.2 11.6 12.7 +3%
EBIT  1.7 1.9 2.2 +5%
Net Profit  1.4 1.3 1.6 +6%
Investments  n.a.
Total Financial Assets c. 3%
DPS (€)
c. 0.55

+14% VS. 2020 60% PAYOUT 1


+7%

1.  Corresponding to 60% of underlying net profit of €1.2bn (excluding the revaluation of SIA stake of €0.3bn)
2. For 2022, 2023 and 2024

Segment results 2016-2021

€m unless otherwise stated
   2016 2017  2018 2019 2020 2021  CAGR 2016 - 2021   
Net Operating Revenue 10,643 10,629 10,864 11,038 10,526 11,220 +1.1%
Mail, Parcel & DIstribution 3,822 3,631 3,580 3,492 3,201 3,685 -0.7%
Payments Mobile & Digital 570 586 592 664 737 882 +9.1%
Financial Services 5,009 4,956 5,221 5,213 4,945 4,783 -0.9%
Insurance Services 1,242 1,456 1,470 1,669 1,643 1,870 +8.5%
EBIT 1,041 1,123 1,499 1,774 1,524 1,846 +12.1%
Mail, Parcel & DIstribution (436) (517) (430) (347) (588) (305) -6.9%
Payments Mobile & Digital 213 195 204 241 259 282 +5.7%
Financial Services 660 646 859 874 866 747 +2.5%
Insurance Services 604 799 866 1,006 988 1,123 +13.2%
Net Profit 622 689 1,399 1,342 1,206 1,580 +20.5%
Mail, Parcel & DIstribution (379) (502) (372) (306) (419) (230) +32.5%
Payments Mobile & Digital 144 146 153 272 194 425 +1.4%
Financial Services 465 499 617 640 647 556 +7.3%
Insurance Services 392 546 1,001 737 784 828 +39.3%