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Poste Italiane SpA (PST.MI)

PST.MI on Milan Stock Exchange

6.85EUR
17 Aug 2018
Change (% chg)

€-0.09 (-1.24%)
Prev Close
€6.94
Open
€6.94
Day's High
€6.97
Day's Low
€6.81
Volume
4,449,587
Avg. Vol
4,735,253
52-wk High
€8.44
52-wk Low
€6.01

Latest Key Developments (Source: Significant Developments)

Poste Italiane Q1 Net Profit Up At EUR 485M
Thursday, 10 May 2018 01:38am EDT 

May 10 (Reuters) - Poste Italiane SpA ::Q1 NET PROFIT AT EUR 485M (UP 38% VERSUS 1Q17).SAYS Q1 REVENUE 2.9 BILLION EUROS VERSUS 2.88 BILLION EUROS IN CONSENSUS PROVIDED BY GROUP.SAYS Q1 EBIT 703 MILLION EUROS 595 MILLION EUROS IN CONSENSUS PROVIDED BY GROUP.CLEAR VISIBILITY WITH MOST OF 2019 CAPITAL GAINS ALREADY SECURED WITH FORWARD CONTRACTS.FINANCIAL SERVICES - CAPITAL GAINS FOR 2018 BOOKED, WHILE SECURING MOST OF 2019 WITH FORWARD CONTRACTS.  Full Article

Poste Italiane to propose buyback of up to 5 pct of share capital
Friday, 27 Apr 2018 11:46am EDT 

April 27 (Reuters) - Poste Italiane says::TO PROPOSE TO SHAREHOLDERS VOTE ON BUYING BACK UP TO 5 PERCENT OF COMPANY'S SHARE CAPITAL.  Full Article

Poste Italiane plan does not envisage strategic decisions about digital payment firm SIA
Tuesday, 27 Feb 2018 03:58am EST 

Feb 27 (Reuters) - Poste Italiane CEO Matteo Del Fante says: :PLAN DOES NOT ENVISAGE ANY STRATEGIC DECISIONS ABOUT DIGITAL PAYMENT FIRM SIA.  Full Article

Poste Italiane mail & parcel business to "nearly break-even" in 2022 - CFO
Tuesday, 27 Feb 2018 03:36am EST 

Feb 27 (Reuters) - Poste Italiane CFO says::MAIL&PARCEL BUSINESS TO "NEARLY BREAK-EVEN" IN 2022.  Full Article

Poste Italiane to launch joint delivery for letters and parcels - CEO
Tuesday, 27 Feb 2018 03:22am EST 

Feb 27 (Reuters) - Poste Italiane CEO Matteo Del Fante tells analysts in a presentation: :GROUP WILL LAUNCH JOINT DELIVERY FOR LETTERS AND PARCELS, SEES HIGH GROWTH FOR PARCELS ESPECIALLY IN 2018-2020.WHEN ASKED ABOUT POSSIBLE NEW PRIVATISATION, SAYS IT IS UP TO SHAREHOLDERS TO DECIDE.  Full Article

Poste Italiane sees no M&A over 2018-22 business plan period - CEO
Tuesday, 27 Feb 2018 01:43am EST 

Feb 27 (Reuters) - Poste Italiane CEO Matteo Del Fante says: :BUSINESS PLAN TO 2022 DOES NOT FORSEE ANY M&A, TO FOCUS ON ORGANIC GROWTH.GROUP TO EXPAND IN NON-LIFE INSURANCE PRODUCTS, INCLUDING CAR INSURANCE OVER BUSINESS PLAN PERIOD.  Full Article

Poste Italiane CFO says parcel business hit by strike
Monday, 19 Feb 2018 12:41pm EST 

Feb 19 (Reuters) - Poste Italiane CFO Roberto Giacchi tell analysts at a post-results conference call::TOTAL COSTS FELL NEARLY 3 PERCENT IN 2017.LABOUR STRIKE AT COURIER DIVISION HAD NEGATIVE IMPACT OF AROUND 50 MILLION EUROS IN Q4.REVENUE AT PARCEL BUSINESS WAS ALMOST FLAT IN Q4, STRIKE HIT PERFORMANCE.  Full Article

Poste Italiane, Anima Announce Binding Agreement To Strengthen Partnership In Asset Management Business‍​
Thursday, 21 Dec 2017 04:41pm EST 

Dec 21 (Reuters) - Poste Italiane ::POSTE ITALIANE AND ANIMA ANNOUNCE A BINDING AGREEMENT TO STRENGTHEN THE PARTNERSHIP IN THE ASSET MANAGEMENT BUSINESS‍​.THE TRANSACTION VALUE IS €120 MILLION.POSTE WILL RECEIVE NEWLY ISSUED SHARES OF ANIMA SGR, WHICH WILL BE BOUGHT BACK BY ANIMA , FOR CASH CONSIDERATION OF €120 MILLION.CO TO REMAIN 100% OWNER OF BANCOPOSTA FONDI SGR.AGREEMENT CONCERNS DELEGATED PORTFOLIO MANAGEMENT ACTIVITIES UNDERLYING TRADITIONAL LIFE INSURANCE PRODUCTS “RAMO I” OF POSTE VITA.  Full Article

Italy's Poste agrees 103 euro monthly pay rise per employee
Thursday, 30 Nov 2017 12:50pm EST 

Nov 30 (Reuters) - Poste Italiane says::SIGNS NEW 3-YEAR LABOUR CONTRACT GRANTING AVERAGE MONTHLY PAY RISE OF 103 EUROS PER EMPLOYEE FOR 2016-2018.  Full Article

S&P raises Italian post office's rating following sovereign upgrade
Tuesday, 31 Oct 2017 01:19pm EDT 

Oct 31 (Reuters) - Poste Italiane says: :Credit rating agency S&P raises credit rating to 'BBB' from 'BBB-'.  Full Article