InPost Tops Q2 Forecasts But Reduces 2026 Profit Guidance Amid Takeover
InPost’s Financial Performance and Takeover Developments
Q2 Earnings and Revised 2026 Guidance
Aug 31 (Reuters) - Parcel locker company InPost, subject of a takeover offer by a consortium led by FedEx and Advent International, narrowly beat market expectations for second-quarter core earnings but cut its 2026 guidance for the metric on Monday.
The outlook cut from a flat annual core profit to a mid-single-digit percent decline was dictated by investment costs, a more competitive pricing environment in InPost's home market Poland, and the ongoing business transformation in Britain and Ireland, it said.
UK Business Transformation
"The UK remains a work in progress," founder and CEO Rafal Brzoska said in a statement, referring to the old Yodel business' revamp focused on lowering costs per parcel and improving the use of its logistic network.
Core Profit and Margin Performance
InPost's adjusted earnings before interest, taxes, depreciation and amortisation were 1.04 billion zlotys ($277.6 million) in the second quarter, while analysts polled by the company had expected 1.01 billion zlotys on average.
However, its adjusted core profit margin slumped by 3.3 percentage points in the quarter and by 5.7 percentage points in the first half of the year.
Takeover Bid and Strategic Implications
Details of the Takeover Offer
InPost is the target of a €7.8 billion ($9.0 billion) takeover bid from a group of investors headed by FedEx and private equity firm Advent. The offer, which was launched in May and has obtained all regulatory clearances, will run through September 18.
Impact on European Parcel Market
Although the companies are set to remain independent competitors following the acquisition, the deal would allow U.S.-based FedEx to expand its reach in Europe while helping build a European parcel locker champion.
Currency Exchange Rates
($1 = 3.7469 zlotys)
($1 = €0.8630)
Reporting Credits
(Reporting by Mateusz Rabiega in Gdansk, editing by Milla Nissi-Prussak)
