Posti Group Oyj · OMXHEX:POSTI
Posti Group Oyj — Q2 2026 Earnings Presentation
29 slides from Posti Group Oyj's earnings presentation, Aug 24, 2026
Slide 1: Posti's net sales grew and adjusted EBIT improved in the second quarter
Posti Group Half-year Report January–June 2026 Posti’s net sales grew and adjusted EBIT improved in the second quarter Q2 2026 Investor presentation by Danske Bank August 24, 2026 Antti Jääskeläinen, CEO Timo Karppinen, CFO Marja Mäkinen, Head of IR
Slide 2: Disclaimer
Disclaimer The Information in this presentation contains forward-looking statements. All statements other than statements of historical fact included in the Information are forward-looking statements. Statements that include words such as "target," "believe," "expect," "aim," "intend," "may," "antic
Slide 3: Agenda
Antti Agenda Jääskeläinen CEO 1. Highlights of Q2 2026 Antti Jääskeläinen 2. Q2 2026 financials Timo Karppinen 3. Guidance and mid-term financial targets Timo Karppinen Timo Karppinen CFO 4. Q&A Antti Jääskeläinen and Timo Karppinen 3 14.8.2026
Slide 4: Q2 2026: Posti's net sales grew and adjusted EBIT improved
Q2 2026: Posti’s net sales grew and adjusted EBIT improved Market Environment • Consumer confidence strengthened during the quarter, while the operating environment continued to be affected by uncertainty related to geopolitical risks. • The accelerating digitalization continued to have a negative i
Slide 5: Q2 2026: Business highlights
Q2 2026: Business highlights eCommerce and Delivery Fulfillment and Logistics Postal Services Services Services • eCommerce and Delivery Services • In Fulfillment and Logistics Services, demand • Digitalization continues and addressed mail performance was robust with 8.7% net sales continued to reco
Slide 6: Posti's strong operational performance supported growth and profitability
Posti’s strong operational performance supported growth and profitability 4–6 2026 4–6 2025 Net sales, EUR million 362.0 356.3 Change in net sales, % 1.6 % -5.7 % Adjusted EBITDA, EUR million 43.9 43.5 Adjusted EBITDA margin, % 12.1% 12.2 % Adjusted EBIT, EUR million 12.5 11.7 Adjusted EBIT margin,
Slide 7: Q2 2026: Parcel volumes increased by 12% - letter volumes continued to decline
Q2 2026: Parcel volumes increased by 12% - letter volumes continued to decline Parcel volumes increased, driven by the Finnish Addressed letter volumes decreased by 24%. The decline was driven by recommerce market. continuing digitalization in Finland. Parcel volumes Addressed letter volumes million
Slide 8: Q2 2026: Our growth businesses already accounted for more than 67% of net sales
Q2 2026: Our growth businesses already accounted for more than 67% of the Group’s net sales Both of our growth businesses continued to grow, and their share of Group’s net sales increased to over 67% (65%). 8 14.8.2026
Slide 9: The Astra renewal program is progressing as planned
The Astra renewal program is progressing as planned • Astra renewal program, to manage the transition from declining letter volumes to growing parcel volumes, is progressing as planned. • New Posti Operations unit launched in June, plays a key role in improving operational efficiency and supply chai
Slide 10: We continued determined progress in our sustainability efforts
We continued determined progress in our sustainability efforts • We have been included in the Financial Times' Europe's Climate Leaders list for the fifth consecutive year. • We launched the renewal of the Group’s Sustainability Program for the 2027–2029 period. • We initiated preparations to comply
Slide 11: Financial results
Financial results Timo Karppinen, CFO 11 14.8.2026
Slide 12: Q2 2026: Posti's net sales increased by 1.6%
Q2 2026: Posti’s net sales increased by 1.6% Net sales increased by 1.6% and was EUR 362.0 (356.3) million. The increase in net sales was driven by strong performance of eCommerce and Delivery services. The share of Posti’s business operations outside Finland increased to 9.8% (9.5%). Group’s net sa
Slide 13: Q2 2026: Adjusted EBIT increased driven by robust performance in eCommerce and Delivery services
Q2 2026: Adjusted EBIT increased driven by robust performance in eCommerce and Delivery services Adjusted EBIT increased to EUR 12.5 (11.7) million, or 3.4% (3.3%) of net sales. Group’s adjusted operating result (adjusted EBIT) Adjusted operating result (adjusted EBIT) change EUR million and % of ne
Slide 14: Operative free cash flow improved significantly
Operative free cash flow improved significantly Operative free cash flow EUR million 1–6 2026 1–6 2025 • The operative free cash flow totalled to EUR 12.6 (-50.6) Result for the period 8.8 3.5 million, mainly driven by the improved net working capital Adjustments total 67.6 72.9 and lower investment
Slide 15: The Group's investments decreased as planned
The Group's investments decreased as planned In H1, Posti’s operative investments focused on improving delivery efficiency, customer experience and self-service level as well as ICT projects. Cash flow Balance sheet Investments cash flow and payments of lease liabilities Investments breakdown EUR mi
Slide 16: Net debt / adjusted EBITDA ratio was 2.6x
Net debt / adjusted EBITDA ratio was 2.6x Net debt to adjusted EBITDA increased slightly. Leverage and Net Debt position Net debt / Financial net debt breakdown EUR million 1–6 2026 1–6 2025 Interest-bearing borrowings (excl. lease liabilities) 277.1 282.2 - Liquid funds and debt certificates -63.5
Slide 17: Q2 2026 on a segment level
Q2 2026 on a segment level 17 14.8.2026
Slide 18: Q2 2026: eCommerce and Delivery Services
Q2 2026: eCommerce and Delivery Services Net sales EUR million and change, % 8.7% -0.8% • Increase in segments’ net sales and profitability was driven by strong operational execution, higher volumes and more favorable product mix. • The total number of parcels delivered by Posti in Finland and the B
Slide 19: Q2 2026: Fulfillment and Logistics Services
Q2 2026: Fulfillment and Logistics Services Net sales EUR million and change, % -2.0% 0.8% • Net sales of Fulfillment and Logistics Services increased by 0.8% and were EUR 75.2 (74.6) million. • Net sales in Finland decreased slightly, and net sales in Sweden increased. The increase in net sales in
Slide 20: Q2 2026: Postal Services
Q2 2026: Postal Services Net sales EUR million and change, % -13.1% • Accelerating digitalization since the beginning of the year had a -6.7% negative impact on revenue. The volume of addressed letters decreased by 24% (19%). The decrease was partly offset by price increases. • Segment profitability
Slide 21: Guidance for 2026 and mid-term financial targets
Guidance for 2026 and mid-term financial targets 21 14.8.2026
Slide 22: Guidance for 2026 remains unchanged
Guidance for 2026 remains unchanged published on February 13, 2026 Posti is expecting its net sales to be within the range of EUR 1,400–1,500 million, and adjusted EBIT to be within the range of EUR 63–79 million in 2026. In 2025, Posti’s net sales were EUR 1,447.6 million and adjusted EBIT was EUR
Slide 23: Mid-term financial targets and dividend policy
Mid-term financial targets and dividend policy Average organic net sales growth (3–5-year period) of at least 2% at Group level and at least 5% outside Postal Services compared to 2025. Average adjusted operating result (adjusted EBIT) growth (3–5-year period) over 5% compared to 2025. Net debt to a
Slide 24: Key takeaways
Key takeaways Group sales growth returned in Q2. eCommerce and Delivery Services and parcel volumes the key growth engines. Mail volumes continued to decline. Operative free cash flow improved significantly. Commercial momentum remained strong. Astra renewal program progressing as planned. 24 14.8.2
Slide 25: Q&A
Q&A 25 14.8.2026
Slide 26: Slide 26
Slide 27: Quarterly Key Figures
Quarterly Key Figures 4–6 2026 1–3 2026 1–6 2026 10–12 2025 7–9 2025 4–6 2025 1–3 2025 1–12 2025 Financial development and profitability Net sales, EUR million 362.0 352.5 714.5 390.4 343.8 356.3 357.1 1,447.6 Change in net sales, % 1.6% -1.3% 0.2 % -3.3 % -3.9 % -5.7 % -6.5 % -4.8 % Adjusted EBITDA
Slide 28: Financial reporting and Investor Relations
Financial reporting and Investor Relations Posti's financial communication in 2026 The most up-to-date information on Investor Relations serves everyone Posti's investor website interested in the company Interim Report for January-September 2026 will be https://www.posti.com/en/investors Marja Mäkin
Slide 29: Responsibly delivering
Responsibly delivering watmaves ON