bpost NV/SA (OTCPK:BPOSF) Q1 2025 Earnings Conference Call May 9, 2025 4:00 AM ET
Company Participants
Chris Peeters – Chief Executive Officer
Philippe Dartienne – Chief Financial Officer
Conference Call Participants
Frank Claassen – Degroof Petercam
Stefano Toffano – ABN AMRO ODDO
Marc Zwartsenburg – ING
Operator
Hello and welcome to the bpostgroup First Quarter 2025 Analyst Conference Call. On today’s call, we have Mr. Philippe Dartienne, CFO; and Mr. Chris Peeters, CEO. Please note, this call is being recorded and for the duration of the call, your line will be on listen-only. However, you will have the opportunity to ask questions at the end of the call. [Operator Instructions]
I will now hand over to your host, Mr. Chris Peeters, CEO, to begin today’s conference. Please go ahead, sir.
Chris Peeters
Good morning, ladies and gentlemen. Welcome to all of you and thank you for joining us. We don’t only have Philippe and myself, but also Antoine Lebecq, Head of Investor Relations in the room, and Philippe and myself will walk you through our first quarter 2025 results. We posted the materials on our website this morning. We will walk you through the presentation and will then take your questions. As always, two questions each would ensure everyone gets the chance to be addressed in the upcoming hour.
Philippe, over to you for the financials. I’ll then come back with an update on some of our key strategic priorities for 2025.
Philippe Dartienne
Thank you, Chris, and good morning to all. As you can see on the highlights on Page 3, our Group operating income for Q1 stood at €1,119 million, an increase year-over-year by close to 13%. At constant perimeter, meaning excluding the €199 million consolidation impact of Staci, our operating income decreased by 7%, or €73 million, mainly driven by the following factors. Number one, persistent headwinds in North America following contract
#bpost #NVSA #BPOSF #Earnings #Call #Transcript