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Poste Italiane SpA (PST.MI)

PST.MI on Milan Stock Exchange

6.11EUR
14 Dec 2017
Change (% chg)

€-0.01 (-0.24%)
Prev Close
€6.13
Open
€6.12
Day's High
€6.18
Day's Low
€6.11
Volume
2,975,866
Avg. Vol
2,441,409
52-wk High
€6.53
52-wk Low
€5.80

Latest Key Developments (Source: Significant Developments)

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

Poste Italiane CEO says "all options open" on partnership with Anima
Wednesday, 2 Aug 2017 01:20pm EDT 

Aug 2 (Reuters) - Poste Italiane: :CEO Matteo Del Fante says "all options are open" when asked about future of partnership with Anima Holding.CFO Roberto Giacchi says H1 deposits rose to 54.6 billion euros from 48 billion euros in H1 2016.Giacchi says group remains extremely focused on asset management business.CFO says H1 total sales of Mail&Parcel division fell 1.4 percent versus same period of last year.Del Fante says bank payments provider SIA will play important role as technological partner, does not answer question about possible increase of Poste's stake in SIA .Del Fante says Poste Italiane has booked additional provisions of 65 million euros for real estate funds, does not see need to do more in future.  Full Article

Exprivia wins 5.3 mln euro order from Poste Italiane
Tuesday, 1 Aug 2017 07:07am EDT 

Aug 1 (Reuters) - EXPRIVIA SPA ::WINS ORDER FROM POSTE ITALIANE <<>> FOR EUR 5.3 MILLION TO MANAGE ERP SYSTEMS FOR ADMINISTRATION, FINANCE AND CONTROL.  Full Article

Poste has booked 400 mln euro gains from government bonds in Q1
Wednesday, 10 May 2017 01:05pm EDT 

May 10 (Reuters) - Italy's postal service Poste Italiane told a post-results analyst call: :Chief Executive Matteo Del Fante says aims to present new business plan by year-end or beginning of 2018 at latest.Del Fante says group is reviewing offer of postal savings products with Italian state lender CDP in order to attract more clients, after decline in fees in Q1.CEO says group has booked around 400 million euros of capital gains on government bonds in Q1.Group executive Agostino Scornajenchi says company had granted facility of 75 million euros to Italian carrier Alitalia in the past years, has not written it down so far.Scornajenchi says group has written down its investment in Atlante banking fund by 50 percent.  Full Article

Poste Italiane interested in M&A to boost parcel business-CEO
Wednesday, 15 Mar 2017 01:03pm EDT 

Poste Italiane: CFO Luigi Ferraris tells analysts that the group booked two one-off charges worth 93 million euros to reimburse investors in a real estate fund and write down Banca del Mezzogiorno . CEO Francesco Caio says keen to strengthen group's position in parcel business also through acquisitions, joint-ventures . CFO says reasonable to expect that rise in parcel business revenue will offset drop in mail revenue in 2-3 years . CEO says group will likely reach operating break-even for mail and parcel business in 2020-2021 Further company coverage: [PST.MI] (Reporting by Milan newsroom).  Full Article

Poste Italiane agrees Banca del Mezzogiorno sale for 390 mln euros
Thursday, 9 Feb 2017 01:30am EST 

Poste Italiane says: reached an agreement for sale of Banca del Mezzogiorno-Medio Credito Centrale to Invitalia for 390 million euros Further company coverage: [PST.MI] (Reporting by Milan newsroom).  Full Article

Italy's Econ Min hopes to launch second phase of post office privatisation "rapidly" - report
Thursday, 29 Dec 2016 01:52am EST 

Italy's Economy Minister Pier Carlo Padoan says: hopes to launch second phase of Italy's post office privatisation "rapidly", in an interview to Italian daily Il Sole 24 Ore Further company coverage: [PST.MI] (Reporting by Milan newsroom).  Full Article

Poste will not raise offer for Pioneer, can pursue other deals
Monday, 5 Dec 2016 05:58am EST 

Poste Italiane says: Raising offer for the acquisition of UniCredit's asset manager Pioneer would not have been in line with company's return goals .Can pursue new opportunities for external growth together with Anima Holding.  Full Article

Italy sees railway IPO, further post office stake sale next year
Tuesday, 22 Nov 2016 11:11am EST 

Treasury official Fabrizio Pagani says: looking at initial public offering of Italian railways and placing of second tranche of the Italian post office next year Further company coverage: [PST.MI] (Reporting by Milan newsroom).  Full Article