Rome, 13 Nov 2025 07:05
9M-25 REVENUES1 AT A RECORD €9.6BN, UP 4% Y/Y (€3.2BN IN Q3-25, +4% Y/Y) WITH ALL BUSINESSES CONTRIBUTING TO GROWTH
RECORD PROFITABILITY WITH 9M-25 ADJUSTED EBIT2 AT €2.5BN, UP 10% Y/Y (€856M IN Q3-25, +8.5% Y/Y) AND NET PROFIT3 AT €1.8BN, UP 11% Y/Y (€603M IN Q3-25, +6.1% Y/Y)
BEST NINE-MONTH RESULTS SINCE LISTING: REVENUES, ADJUSTED EBIT AND NET PROFIT ALL AT RECORD HIGHS
PARCEL & LOGISTICS REVENUES CONTINUE ACCELERATING ACROSS CUSTOMER SEGMENTS
ROBUST FINANCIAL SERVICES PERFORMANCE DRIVEN BY INVESTMENT PORTFOLIO STRENGTH AND SOLID COMMERCIAL PERFORMANCE
TFAs AT €601BN SUPPORTED BY INVESTMENT PRODUCTS, DEPOSITS AND IMPROVING NET INFLOWS IN POSTAL SAVINGS IN Q3-25
STRONG COMMERCIAL PERFORMANCE AND PROFITABILITY ACROSS LIFE & PROTECTION INSURANCE
POSTEPAY SERVICES CONFIRM SUSTAINABLE REVENUE1 GROWTH AND SOLID PROFITABILITY ACCELERATION
MIGRATION TO THE SUPER APP SUCCESSFULLY COMPLETED, REACHING 15M USERS YTD AND 4.1M DAILY ACTIVE USERS IN NOVEMBER 2025
SOLID GROUP BALANCE SHEET AND INSURANCE SOLVENCY II RATIO AT 312% EMBEDDING 100% REMITTANCE RATIO
FY-25 UPDATED GUIDANCE OF €3.2BN ADJUSTED EBIT AND €2.2BN NET PROFIT CONFIRMED
RECORD INTERIM DIVIDEND OF €0.40 P/S (€518M TOTAL) TO BE PAID ON NOVEMBER4 26, UP 21% FROM LAST YEAR
GENERATING SYNERGIES WITH TIM: TIM ENERGIA POWERED BY POSTE ITALIANE LAUNCHED - LETTER OF INTENT SIGNED WITH TIM ENTERPRISE FOR A JOINT VENTURE ON CLOUD-RELATED IT SERVICES
RECORD PROFITABILITY WITH 9M-25 ADJUSTED EBIT2 AT €2.5BN, UP 10% Y/Y (€856M IN Q3-25, +8.5% Y/Y) AND NET PROFIT3 AT €1.8BN, UP 11% Y/Y (€603M IN Q3-25, +6.1% Y/Y)
BEST NINE-MONTH RESULTS SINCE LISTING: REVENUES, ADJUSTED EBIT AND NET PROFIT ALL AT RECORD HIGHS
PARCEL & LOGISTICS REVENUES CONTINUE ACCELERATING ACROSS CUSTOMER SEGMENTS
ROBUST FINANCIAL SERVICES PERFORMANCE DRIVEN BY INVESTMENT PORTFOLIO STRENGTH AND SOLID COMMERCIAL PERFORMANCE
TFAs AT €601BN SUPPORTED BY INVESTMENT PRODUCTS, DEPOSITS AND IMPROVING NET INFLOWS IN POSTAL SAVINGS IN Q3-25
STRONG COMMERCIAL PERFORMANCE AND PROFITABILITY ACROSS LIFE & PROTECTION INSURANCE
POSTEPAY SERVICES CONFIRM SUSTAINABLE REVENUE1 GROWTH AND SOLID PROFITABILITY ACCELERATION
MIGRATION TO THE SUPER APP SUCCESSFULLY COMPLETED, REACHING 15M USERS YTD AND 4.1M DAILY ACTIVE USERS IN NOVEMBER 2025
SOLID GROUP BALANCE SHEET AND INSURANCE SOLVENCY II RATIO AT 312% EMBEDDING 100% REMITTANCE RATIO
FY-25 UPDATED GUIDANCE OF €3.2BN ADJUSTED EBIT AND €2.2BN NET PROFIT CONFIRMED
RECORD INTERIM DIVIDEND OF €0.40 P/S (€518M TOTAL) TO BE PAID ON NOVEMBER4 26, UP 21% FROM LAST YEAR
GENERATING SYNERGIES WITH TIM: TIM ENERGIA POWERED BY POSTE ITALIANE LAUNCHED - LETTER OF INTENT SIGNED WITH TIM ENTERPRISE FOR A JOINT VENTURE ON CLOUD-RELATED IT SERVICES
- 9M-25 GROUP REVENUES1 AT €9.6BN, +4.5% Y/Y (€3.2BN IN Q3-25, +3.9% Y/Y):
- MAIL, PARCEL & DISTRIBUTION EXTERNAL REVENUES AT €2.8BN IN 9M-25, +1.6% Y/Y (€934M IN Q3-25, +2.7% Y/Y).
- FINANCIAL SERVICES REVENUES AT €4.2BN IN 9M-25, +4.6% Y/Y (€1.4BN IN Q3-25, +2.6% Y/Y).
- INSURANCE SERVICES REVENUES AT €1.4BN IN 9M-25, +10.2% Y/Y (€446M IN Q3-25, +11.7% Y/Y).
- POSTEPAY SERVICES REVENUES1 AT €1.2BN IN 9M-25, +4.7% Y/Y (€409M IN Q3-25, +3.4% Y/Y).
- 9M-25 TOTAL COSTS1,5 AT €7.8BN, +3.3% Y/Y (€2.5BN IN Q3-25, +2.2% Y/Y):
- 9M-25 ORDINARY HR COSTS5 AT €4.2BN, +2.4% Y/Y (€1.3BN IN Q3-25, +1.1% Y/Y) REFLECTING HIGHER FTEs AND VARIABLE COMPENSATION.
- 9M-25 NON-HR COSTS5,6 TO €3.4BN, +5.2% Y/Y (€1.1BN IN Q3-25, +4.4% Y/Y) SUPPORTING BUSINESS GROWTH AND TRANSFORMATION.
- 9M-25 ADJUSTED EBIT2 AT €2.5BN, +10.5% Y/Y (€856M IN Q3-25, +8.5% Y/Y) DRIVEN BY HIGHER REVENUES AND EFFECTIVE COST MANAGEMENT.
- 9M-25 NET PROFIT3 AT €1.8BN, +11.2% Y/Y (€603M IN Q3-25, +6.1% Y/Y).
- GROUP CLIENT TFAs REACHED €601BN, UP €10BN FROM DECEMBER 20247.
- STRONG CAPITAL POSITION: BANCOPOSTA TOTAL CAPITAL RATIO AT 24.0% (OF WHICH CET1 RATIO AT 20.5%), LEVERAGE RATIO AT 3.2% AND POSTE VITA GROUP SOLVENCY II RATIO AT 312%.
POSTE ITALIANE IS DRIVING LONG-TERM GROWTH THROUGH SUSTAINABILITY AND INNOVATION POWERED BY ALL OUR PEOPLE
KEY ACHIEVEMENTS IN Q3-25:
- The Polis Project is now active in 4,388 post offices across Italy. The initiative, launched by Poste Italiane to facilitate citizens’ access to public administration services in municipalities with fewer than 15,000 inhabitants, has to date processed over 128,000 service requests and issued over 110,000 passports in both cities and smaller towns. This milestone reflects Poste Italiane’s commitment to maintain a widespread presence and support local communities.
- Poste Italiane has been recognized as a ‘Dyslexia Friendly Company’ by the Italian Dyslexia Association (AID), following the completion of a program developed from a proposal put forward by a group of employees within ‘INSIEME’, the corporate contest that selects people’s ideas supporting the Group’s ESG Plan.
- Poste Italiane has received, for the first time, the UNI/PdR 159:2024 certification, for implementing inclusive workplace policies for employees with disabilities.
- Poste Italiane has presented the new Leadership Model, based on five pillars – Commitment, Initiative, Impact, Innovation and Togetherness – which serve as a compass to guide all employees towards a shared vision and to support the transformation outlined in the 2024-2028 Strategic Plan ‘The Connecting Platform’.
- Initiatives aimed at reducing environmental impacts are progressing. As at September 30, our low-emission fleet includes 29,160 vehicles (+1,260 units y/y), of which around 6,200 are electric and 8,910 hybrid. To improve energy efficiency, 3,785 buildings are equipped with smart technologies and LED lamps installed have increased to approximately 450,000 units. Finally, the number of photovoltaic systems has reached over 780, for a total capacity of around 28,000 kWp (+54% y/y).
- Poste Italiane and Leonardo S.p.A. have signed a Memorandum of Understanding on technologies for logistics services. The agreement includes the development of secure and innovative solutions for storage and automated sorting services, based on artificial intelligence and cloud computing.
- Poste Vita continues to expand its range of insurance investment solutions classified under art.8 of the SFDR Regulation, with two multiclass products: ‘Poste Progetto Obbligazionario II’ and ‘Poste Premium Soluzione Crescita’.
Yesterday, the Board of Directors of Poste Italiane S.p.A. (“Poste Italiane” or the “Group”), chaired by Silvia Maria Rovere, approved the 9M-2025 Financial Results (unaudited).
Matteo Del Fante, Poste Italiane Chief Executive Officer commented: “Following five straight quarters of record performance, we have once again achieved outstanding results, with nine-month revenue of 9.6 billion euro, up 4% year-on-year, and adjusted EBIT rising 10% to 2.5 billion euro.
The strength of these results confirms yet again our ability to deliver sustainable and profitable growth across all business segments, supported by solid commercial execution and effective cost management.
On the back of these results, we are highly confident of hitting our updated FY-25 guidance of 3.2 billion adjusted EBIT and 2.2 billion Net Profit.
In Mail, Parcel & Distribution revenue growth was driven by increasing parcel volumes and supported by improving client base diversification, with revenues at over €2.8 billion in the first nine months.
In Financial Services, external revenues increased by 5% year-on-year in the nine months to €4.2 billion, supported by sustained investment portfolio strength and solid commercial momentum.
Insurance Services delivered strong profitability in both Life Investment and Pension and protection segments with revenues up 10% in the nine months to €1.4 billion.
Postepay Services confirmed sustainable revenue growth and solid profitability acceleration, with revenues up 5% to €1.2 billion and Adjusted EBIT up 9% to €416 million in the first nine months, supported by 9.3% increase in transaction value and 12.8% growth in total ecosystem transactions. Energy client base reached around 950,000 clients, putting us well on track to reach the 1 million milestone by year-end.
I am pleased to report that the migration of our clients to the Super App has been successfully completed. To date, the Super App is used by 15 million clients with 4.1 million daily active users in November 2025, which is more than the historical figure of all our previous apps combined.
We maintain a solid group balance sheet, with low leverage and an insurance Solvency II ratio at 312%, well above our managerial ambition, providing us with significant financial flexibility.
On November 26 we will distribute a record interim dividend of €0.40 per share, equivalent to €518 million in total, up a remarkable 21% year-on-year.
We are accelerating initiatives to unlock synergies with TIM. In Q1 2026, Poste Mobile will begin migrating to TIM’s mobile infrastructure following the signing of the MVNO contract. Additionally, on September 29th, we launched 'TIM Energia powered by Poste Italiane' in over 750 TIM retail outlets, with early results showing strong and promising traction. We are actively working on additional cross-selling opportunities and exploring cost efficiency initiatives through joint procurement. We will communicate developments to the market in a phased manner, as relevant agreements are finalised.
Finally, with the Letter of Intent signed, Poste Italiane is taking a decisive step forward in digital innovation through a new joint venture with TIM Enterprise, dedicated to cloud-related IT services.
Once again, these excellent results are a testament to the dedication and professionalism of our people, whose daily commitment remains at the heart of our success”.
1 Revenues and costs are net of commodity price and pass-through charges of the energy business.
2 Adjusted excluding systemic charges related to insurance guarantee fund (€19m for Q3-24 and €56m for 9M-24, €19m for Q3-25 and €58m for 9M-25) and costs and proceeds of extraordinary nature.
3 Includes €27m of mark-to-market gain on Nexi and TIM shares upon (de)recognition.
4 Ex dividend date 24 November 2025.
5 Before the application of IFRS 17.
6 Excluding other non-HR costs. Numbers are net of commodity price and pass through charges of the energy business.
7 EoP figures.
POSTE ITALIANE Q3 & 9M 2025 RESULTS
Thursday November 13, 2025 - 10:30 CET
WEBCAST
To attend click here: Poste Italiane Q3 & 9M 2024 Results Webcast
A listen only audio conference is also available: +39 02 8020902
For further information:
Poste Italiane SpA Investor Relations Poste Italiane - Media Relations
Tel. +39 06 5958 4716 Tel. +39 06 5958 2097
Mail: investor.relations@posteitaliane.it Mail: ufficiostampa@posteitaliane.it
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Financial calendar
Next events
26 November 2025 - Payment of the interim dividend for 2025, with ex-dividend date 24 November 2025 and record date of 25 November 2025.
To see the press release in full version download pdf
