Finance
Poste Italiane lifts profit outlook after Q2 earnings beat forecast
Published by Global Banking & Finance Review®
Posted on July 22, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 22, 2025
2 min readLast updated: January 22, 2026
Poste Italiane raised its profit forecast after Q2 earnings surpassed expectations, with a notable investment in Telecom Italia.
MILAN (Reuters) -Poste Italiane on Tuesday raised its profit outlook for the current year after it reported better-than-expected second quarter operating profit, boosted by its financial services division.
Adjusted earnings before interest and taxes (EBIT) rose by 10.4% to 864 million euros ($1.01 billion), comfortably above a company-compiled consensus of 790 million euros.
The state-backed financial conglomerate said it now targets an adjusted operating profit of 3.2. billion euros this year, up from 3.1 billion euros it had previously guided for.
Total revenues for the quarter were 4.5% up at 3.260 billion euros, slightly above a consensus forecast of 3.206 billion euros.
Poste shares were 2.7% up after the earnings report, outperforming a flat Milan blue-chips index.
Poste Italiane has become the largest single investor in Telecom Italia (TIM), overtaking France's Vivendi.
Poste Italiane, whose business ranges from core mail and parcels business to financial, insurance, broadband and energy supply services, is majority-owned by the Italian Treasury and state lender Cassa Depositi e Prestiti (CDP).($1 = 0.8549 euros)
(Reporting by Elvira PollinaEditing by Keith Weir)
Poste Italiane reported an adjusted EBIT of 864 million euros, which is a 10.4% increase compared to the previous year.
The company now targets an adjusted operating profit of 3.2 billion euros for the year, up from the previous guidance of 3.1 billion euros.
Poste Italiane's shares rose by 2.7% following the earnings report, outperforming a flat Milan blue-chips index.
Poste Italiane operates in various sectors, including mail and parcels, financial services, insurance, broadband, and energy supply.
Poste Italiane is majority-owned by the Italian Treasury and the state lender Cassa Depositi e Prestiti.
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