2019 Nine months

HIGHLIGHTS

8.1

bn €

Total revenue

1,540

mln €

Operating profit

1,083

mln €

Profit for the period

389

mln €

Capex

Operating results

The performance in the first nine months of 2019 has resulted in consolidated operating profit of €1,540 million, an increase of 2.1% compared with the same period of the previous year (€1,509 million). 

 

CONSOLIDATED STATEMENT OF PROFIT AND LOSS AS OF 30 SEPTEMBER 2019

For the nine months ended 30 September
Results of operations
(€m)
20192018Increase/(decrease)
Revenue 8,089 7,951 138 1.7%
of which:
Mail, Parcels & Distribution 2,555 2,590 (34) -1.3%
Payments, Mobile and Digital 477 434 43 9.8%
Financial Services 3,838 3,879 (42) -1.1%
of which gross capital gains 261 404 (142) -35.3%
Insurance Services 1,219 1,048 171 16.3%
Costs 5,974 6,037 (63) -1.0%
of which:
Total personnel expenses 4,121 4,151 (30) -0.7%
of which ordinary personnel expenses 4,109 4,123 (14) -0.3%
of which early retirement incentives 13 29 (15) -52.8%
of which disputes and other extraordinary items (1) 0 (1) 604.9%
Other operating costs 1,853 1,886 (32) -1.7%
EBITDA 2,115 1,915 200 10.5%
Depreciation, amortisation and impairments 575 406 169 41.5%
EBIT 1,540 1,509 32 2.1%
EBIT Margin 19.0% 19.0%
Finance income/(costs) 23 43 (21) -47.7%
Profit before tax 1,563 1,552 11 0.7%
Income tax expense 480 496 (16) -3.3%
Net profit 1,083 1,056 27 2.6%
Earnings per share (€) 0.83 0.81 0.02 3.0%

 

 

TOTAL REVENUE BY OPERATING SEGMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER
(DATA IN MILLIONS OF EURO)

TOTAL REVENUE BY OPERATING SEGMENT

 

The Group’s total reported revenue of €8.1 billion is up €138 million (1.7%) compared with the first nine months of 2018. This reflects the positive contribution of the Insurance Services Strategic Business Unit, which contributed €1,219 million to total revenue.

 

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