Bpost SA de Droit Public (XBRU:BPOST)

€ 1.97 0.022 (1.13%) Market Cap: 394.00 Mil Enterprise Value: 2.35 Bil PE Ratio: 4.70 PB Ratio: 0.38 GF Score: 68/100

Q2 2019 Bpost SA Earnings Call Transcript

Aug 08, 2019 / 08:00AM GMT

Release Date Price: €8.93 (+8.24%)

Transcript

Operator

Good day, ladies and gentlemen, thank you for holding, and welcome to the bpost Q2 2019 Results Call. (Operator Instructions)

I would like to hand over the conference to Mr. Koen Van Gerven. Please go ahead, sir.

Koen Van Gerven;NV;CEO;Director

bpost SA

/-&

Thank you. Good morning, ladies and gentlemen. Welcome to our second quarter 2019 results call, and I thank you for joining us. With me, I have Leen Geirnaerdt, our new CFO, as well as our Investor Relations team. I imagine that you already had your opportunity to read through the materials, which we posted on our website last night. We will summarize the key messages so as to move onto Q&A quickly.

I'm on Page 3, and our second quarter results are overall in line with expectations and the full year guidance we communicated at the beginning of the year. Total revenue stood at EUR 935 million, up by 0.8% year-on-year and normalized EBIT came in at the EUR 107.5 million.

Looking at the operating segments, we can say that the

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