Oesterreichische Post (POST) Q4 2025 earnings summary

Executive summary

• Revenue for 2025 was EUR 3.043 billion, down 2.6% from 2024 but up 11% from 2023, reflecting the absence of prior-year election and FX effects.

• EBIT for 2025 was EUR 197 million, a 5% decrease from 2024, but above 2023 levels, with resilience amid challenging conditions.

• Parcel and Logistics remained the largest segment, with revenue of EUR 1.72 billion, Austria growing 5.8%, and parcel volumes exceeding 500 million items.

• Bank99 achieved break-even after five years, with a balance sheet total of EUR 4.2 billion and a debut bond issuance.

• Strategic focus on operational excellence, international e-commerce expansion, and sustainability, including investments in electrification and network expansion.

Financial highlights

• Revenue: EUR 3.043 billion (-2.6% vs. 2024, +11% vs. 2023); EBIT: EUR 197 million (-5% vs. 2024, +3.5% vs. 2023); EBITDA: EUR 413 million (-2.2% vs. 2024).

• Earnings per share: EUR 1.96 (down from EUR 2.04 in 2024); profit for the period EUR 134 million.

• Operating free cash flow reached EUR 280 million, supported by positive tax credits and reduced CapEx.

• CapEx at EUR 126–143 million, with 83% invested in Austria and 17% internationally.

• Equity stood at EUR 767 million at year-end 2025, with an equity ratio of 11.7%.

Outlook and guidance

• Slight revenue increase and broadly stable earnings targeted for 2026, with a weaker first half and stronger second half expected.

• Dividend proposal of EUR 1.83 per share, maintaining a payout ratio of at least 75% of net profit.

• Ongoing investments planned in logistics centers, locker network, and electrification, with CapEx guidance of EUR 140–160 million.

• Divisional reporting to change in 2026, with new segment structure.

• Risks from geopolitical tensions, oil prices, and FX volatility not fully reflected in guidance; updates expected in May.