Posti’s results are out:
Key performance indicators January–March 2026
• Net sales decreased by 1.3 percent to EUR 352.5 (357.1) million.
• Adjusted EBITDA decreased to EUR 38.1 (42.5) million, or 10.8% (11.9%) of net sales.
• Adjusted operating result decreased to EUR 6.5 (10.5) million, or 1.9% (3.0%) of net sales.
• Operating result increased to EUR 13.9 (5.0) million, or 3.9% (1.4%) of net sales. The operating result was positively impacted by a total of EUR 7.4 (negatively 5.6) million in special items, which included EUR 12.4 million in capital gains from the sale of an investment property.
• The result for the period increased to EUR 6.3 (-0.2) million.
• Operational free cash flow increased significantly to EUR 11.5 (-21.4) million.
• Net debt to adjusted EBITDA was 2.6x (2.3x).
• Earnings per share (EPS) were EUR 0.16 (-0.01).
Key events January–March 2026
• To accelerate the implementation of its strategy, Posti launched a renewal program aimed at strengthening synergies. As part of the program, its Finnish distribution network, production, procurement, real estate, and HSEQ functions, as well as the ICT and digitalization organization, will be combined into the same unit. The goal of the three-year program is to improve cost efficiency by EUR 40.0 million.
• Ongoing measures in Postal Services to, among other things, streamline distribution models, optimize resources, and improve the high level of sorting automation support the segment’s strong profitability despite the accelerated decline in mail volumes and net sales. Postal Services’ adjusted operating result remained stable at 12.4% (12.6%) of net sales, while addressed letter volumes decreased by 24.2% (15.7%).
• eCommerce and Delivery Services net sales grew thanks to higher parcel volumes and supported by the continued growth of the secondhand online marketplace among Finnish consumers. Parcel volumes in Finland and the Baltic countries increased by 14.4% (1.6%). The positive impact of volume growth on net sales and profitability was partly offset by an unfavorable product mix.
• Posti took the first step in selling its investment properties and sold one property. The transaction resulted in a capital gain of EUR 12.4 million, which has been recorded in special items.
Outlook for 2026 unchanged
Posti estimates its net sales to be EUR 1,400–1,500 million and its adjusted operating result to be EUR 63–79 million in 2026. In 2025, Posti’s net sales were EUR 1,447.6 million and the adjusted operating result (adjusted EBIT) was EUR 69.3 million.