Posti Group Oyj · OMXHEX:POSTI

Posti Group Oyj — Q1 2022 Earnings Presentation

22 slides from Posti Group Oyj's earnings presentation, 2022

  1. Slide 1: Posti Group: net sales growth continued, challenging operating environment impacted profitability

    Posti Group: net sales growth continued, challenging operating environment impacted profitability January-March 2022

  2. Slide 2: Responsibly delivering what matters to you – on your terms

    Responsibly delivering what matters to you – on your terms

  3. Slide 3: Posti in figures 1-3/2022

    Group’s net sales, EUR million and change, % Posti in figures 1-3/2022 2 000 -0.6% 2.5% 1,555.4 1,595.0 1 500 Net Sales 1 000 1.8% EUR 391.1 million 500 391.1 (EUR 384.3 million*) 4.9% 1.8% 384.3 391.1 0 Adjusted EBITDA 2020* 2021* 2022 Q1 Group’s adjusted EBITDA, EUR million EUR 36.5 million and as

  4. Slide 4: Posti has changed its segment reporting to align with the company strategy

    Posti has changed its segment reporting to align with the company strategy, organizational structure and to improve visibility on performance and results Mail, Parcel and Logistics Fulfillment Services and Logistics eCommerce Services Aditro Postal • Postal and Delivery services Logistics Services S

  5. Slide 5: Financial highlights – net sales grew, profitability decreased

    Financial highlights – net sales grew, profitability decreased • Net sales grew by 1.8% to EUR 391.1 (384.3) million. • Adjusted EBITDA decreased to EUR 36.5 (44.6) million, or 9.3% (11.6%) of net sales. • EBITDA decreased to EUR 34.4 (44.6) million, or 8.8% (11.6%) of net sales. • Adjusted operatin

  6. Slide 6: Operational highlights in Q1

    Operational highlights in Q1 • The war in Ukraine has no direct effect on Posti’s financial position. Posti has no operations in Russia, Belarus or Ukraine. The war affects Posti through market situation and business environment. • The difficult operating environment affected Posti’s operations. • T

  7. Slide 7: Postal volumes continue to decline, parcel volumes at previous year's levels

    Postal volumes continue to decline, parcel volumes at previous year’s levels Parcel volumes (million units) in Finland and in the Baltics and change, % 0% Parcel volume growth in 25 2021 2022 Finland and in the Baltics 1-3/2022 20.7 20 17.2 17.1 16.1 16.0 15 10 +2% Freight volumes* 1–3/2022 * Measur

  8. Slide 8: eCommerce and Delivery, and Fulfillment and Logistics Services represented 63% of net sales

    eCommerce and Delivery, and Fulfillment and Logistics Services represented 63% (60%) of the Group’s net sales* Fulfillment and Logistics 21% (19%) Postal Services 37% (40%) eCommerce and Delivery 41% (41%) = Postal services = eCommerce and Delivery, and Fulfillment *measured in combined external net

  9. Slide 9: Addressed letter volumes declined by 7%

    Addressed letter volumes declined by 7% Addressed letter volumes (million units) and change, % 200 0% • Altogether 100 million addressed letters were delivered, decline from previous year 7 million -3% -5% 146 items 150 132 134 -5% 124 129 -7% 116 -8% 122 -10% • The share of mail items covered by th

  10. Slide 10: Financials

    Financials

  11. Slide 11: Posti Group's Q1 net sales

    Posti Group’s Q1 net sales Net sales grew by 1.8% to EUR 391.1 (384.3) million Group’s net sales, continuing operations, Group’s adjusted EBITDA, continuing operations, EUR million and change, % EUR million and as a percent of net sales 500 2021 2022 2021 2022 444.2 450 60 391.6 11.3% 400 384.3 391.

  12. Slide 12: Posti Group's Q1 net sales

    Posti Group’s Q1 net sales Net sales grew by 1.8% to EUR 391.1 (384.3) million Group’s net sales, continuing operations, 2022 Q1 vs 2021 Q1 change of net sales by segment, EUR million and change, % continuing operations, EUR million 500 2021 2022 444.2 450 384.3 391.1 391.6 -7.4 400 374.8 11.2 -0.6

  13. Slide 13: Posti Group's Q1 adjusted EBITDA

    Posti Group’s Q1 adjusted EBITDA Adjusted EBITDA decreased to EUR 36.5 (44.6) million Group’s adjusted EBITDA, continuing operations, 2022 Q1 vs 2021 Q1 adjusted EBITDA change by segment, EUR million and as a percent of net sales continuing operations, EUR million 2021 2022 60 0.8 0.3 11.3% 11.6% 50

  14. Slide 14: Posti Group's key figures

    Posti Group’s key figures 1-3 2022 % 1-3 2021 % Net sales*, EUR million 391.1 384.3 Adjusted EBITDA*, EUR million 36.5 9.3% 44.6 11.6% EBITDA*, EUR million 34.4 8.8% 44.6 11.6% Adjusted operating result*, EUR million 6.6 1.7% 14.8 3.9% Operating result*, EUR million 4.4 1.1% 14.9 3.9% Result for the

  15. Slide 15: Outlook and long-term financial targets

    Outlook and long-term financial targets

  16. Slide 16: Posti's outlook for 2022

    Posti’s outlook for 2022 In 2022, Posti is expecting its net sales to remain at the previous year’s level. The Group’s adjusted EBITDA in 2022 is expected to decrease from the previous year. In 2021, Posti’s net sales from continuing operations were EUR 1,595.0 million and adjusted EBITDA was EUR 18

  17. Slide 17: Long term financial targets

    Long term financial targets Continuously increasing ordinary dividend, Adjusted EBITDA 13% but not exceeding annual net profit 11.2 11.4 60 12 Dividends from year's result 9.7 9.3 % 10 EUR million 8 7.1 40 13.0 6 20 4 27.0 28.4 29.8 31.3 32.0 2 0 0 2017 2018 2019 2020 2021 2018* 2019 2020** 2021** 1

  18. Slide 18: Segments

    Segments

  19. Slide 19: eCommerce and Delivery Services key figures

    eCommerce and Delivery Services key figures The net sales increased by 2.3% to EUR 162.2 EUR million 1-3 2022 1-3 2021 million Net sales 162.2 158.6 • The increase was mainly due to the increased net sales of transportation services. Net sales change, % 2.3% 7.3% Adjusted EBITDA 14.2 13.4 Adjusted E

  20. Slide 20: Fulfillment and Logistics Services key figures

    Fulfillment and Logistics Services key figures Net sales increased by 14.7% and were EUR EUR million 1-3 2022 1-3 2021 87.5 million. Net sales 87.5 76.3 • The growth of Transval’s net sales was mainly due to the increased sales of inhouse logistics Transval 55.6 50.8 and volumes of contract logistic

  21. Slide 21: Postal Services key figures

    Postal Services key figures • The net sales of Postal Services decreased by EUR million 1-3 2022 1-3 2021 4.8% to EUR 147.5 million Net sales 147.5 154.9 • The decrease was mainly due to the continued mail volume decline. Net sales change, % -4.8% -10.6% Adjusted EBITDA 18.1 25.9 • Adjusted EBITDA d

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Posti Group — Q1 2022 Earnings Presentation on 6ix