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Poste Italiane SpA (PST.MI)

PST.MI on Milan Stock Exchange

6.37EUR
20 Nov 2018
Change (% chg)

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€8.44
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€5.98

Latest Key Developments (Source: Significant Developments)

Poste Italiane not seeing flows out of asset management products
Thursday, 8 Nov 2018 06:30am EST 

Nov 8 (Reuters) - Poste Italiane executive says::GROUP NOT SEEING NEGATIVE FLOWS OUT OF ASSET MANAGEMENT PRODUCTS, "RATHER POSITIVE FLOWS".  Full Article

Poste Italiane has no plans to raise stake in SIA - CEO
Thursday, 8 Nov 2018 06:00am EST 

Nov 8 (Reuters) - Poste Italiane CEO Matteo Del Fante says::NO INTENTION TO INCREASE STAKE IN PAYMENT SERVICES GROUP SIA.  Full Article

Poste Italiane CEO says dividend sustainable even if BTP/Bund spread widens
Thursday, 8 Nov 2018 03:03am EST 

Nov 8 (Reuters) - Poste Italiane SpA ::POSTE ITALIANE CEO SAYS HAS PUT IN PLACE A SERIES OF MEASURES TO BE ABLE TO ABSORB LEVEL OF BTP/BUND SPREAD REACHED IN RECENT WEEKS.POSTE ITALIANE CEO SAYS DIVIDEND IS SUSTAINABLE EVEN IF SPREAD WIDENS.POSTE ITALIANE CEO SAYS PROCESS TO FIND CAR INSURANCE PARTNER SUSPENDED BUT GROUP INTENDS TO PROCEED, INTEREST HAS BEEN VERY STRONG.POSTE ITALIANE CEO SAYS NOT PLANNING ANY CAPITAL INCREASE.  Full Article

Poste Italiane taking capital management actions to boost solvency ratio
Thursday, 8 Nov 2018 01:00am EST 

Nov 8 (Reuters) - Poste Italiane SpA ::SAYS 9-MONTH REVENUE 7.951 BILLION EUROS VERSUS 7.92 BILLION EUROS IN ANALYST CONSENSUS.SAYS 9-MONTH NET PROFIT 1.056 BILLION EUROS VERSUS 1.008 BILLION EUROS IN ANALYST CONSENSUS.SAYS 9-MONTH EBIT 1.5 BILLION EUROS VERSUS 1.447 BILLION EUROS IN ANALYST CONSENSUS.SAYS SOLVENCY RATIO AT 172 PERCENT AT END-SEPTEMBER BEFORE VOLATILITY ADJUSTMENT.CEO SAYS ON TRACK TO DELIVER 2018 TARGETS.SAYS FY DIVIDEND UP 5 PERCENT TO 0.44 EUROS.SAYS SOLVENCY II RATIO UP TO ABOUT 210 PERCENT PROPORMA FULLY LOADED INCLUDING PROACTIVE CAPITAL MANAGEMENT ACTIONS.CEO SAYS IN LIGHT OF CURRENT ITALIAN MACROECONOMIC CONDITIONS WE ARE TAKING CAPITAL MANAGEMENT ACTIONS TO STRENGTHEN OUR SOLVENCY RATIO.POSTEVITA WILL SUPPORT GROUP DIVIDEND WITH A PAYOUT CAPPED AT 50% IN 2018 LEADING TO A 3 PERCENTAGE POINTS INCREASE IN SOLVENCY II RATIO.AFTER FURTHER SUPPORT FROM EU REGULATOR'S TRANSITIONAL MEASURES, PROFORMA SOLVENCY II TRANSITIONAL RATIO WOULD BE ABOUT 230 PERCENT.HAS NOT EXPERIENCED NEGATIVE BUSINESS EFFECTS FROM VOLATILE MACROECONOMIC CONDITIONS.  Full Article

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