bpost NV/SA (BPOSY) Q1 2026 Earnings Name Could 6, 2026 4:00 AM EDT
Firm Individuals
Philippe Dartienne – Chief Monetary Officer
Convention Name Individuals
Michiel Declercq – KBC Securities NV, Analysis Division
Frank Claassen – Banque Degroof Petercam S.A., Analysis Division
Henk Slotboom – The Thought-Pushed Equities Analyses Firm
Marc Zeck – Kepler Cheuvreux, Analysis Division
Marco Limite – Barclays Financial institution PLC, Analysis Division
Presentation
Operator
Women and gents, hiya and welcome to the Bnode First Quarter 2026 Analyst Convention Name. On at this time’s name, we have now Mr. Philippe Dartienne, CFO. Please observe this name is being recorded. [Operator Instructions]
I’ll now hand over to your host, Philippe Dartienne, CFO, to start at this time’s convention. Please go forward, sir.
Philippe Dartienne
Chief Monetary Officer
Thanks. Good morning, women and gents. Welcome to all of you and thanks for becoming a member of us. I am happy to current you our first quarter consequence as CFO of Bnode. With me, I’ve Alexandra and Antoine from Investor Relations. We posted the supplies to our web site this morning and I’ll stroll you thru the presentation and can then take your query. As standard, 2 query every, which guarantee everybody will get an opportunity to be addressed within the upcoming hour. I’ll begin with our quarterly monetary outcomes, then present an replace on the progresses on our key strategic initiatives through the quarter earlier than concluding with our monetary outlook.
As you’ll be able to see on the highlights on Web page 3, our group working earnings for the primary quarter amounted to EUR 1.063 billion representing a year-on-year lower of EUR 56 million or 5%. This efficiency displays a mixture of things. First, as anticipated, we noticed the affect of contract termination at Radial U.S., which had been introduced in the middle of final 12 months and already included in our outlook we introduced earlier this 12 months. This termination
