Poste Italiane S.p.A. (PITAF) Q1 2026 Earnings Name Could 7, 2026 6:30 AM EDT
Firm Individuals
Giuseppe Esposito – Head of Investor Relations
Matteo del Fante – CEO & Director
Camillo Greco – Chief Monetary Officer
Convention Name Individuals
Antonio Reale – BofA Securities, Analysis Division
Alberto Villa – Intermonte SIM S.p.A., Analysis Division
Tommaso Nieddu – Kepler Cheuvreux, Analysis Division
Andrea Lisi – Equita SIM S.p.A., Analysis Division
Giovanni Razzoli – Deutsche Financial institution AG, Analysis Division
Michael Huttner – Joh. Berenberg, Gossler & Co. KG, Analysis Division
Presentation
Giuseppe Esposito
Head of Investor Relations
Good morning, everybody, and welcome to Poste Italiane’s First Quarter 2026 Outcomes Convention Name. In just a few moments, the CEO, Matteo Del Fante, will take you thru some opening remarks in addition to a brief replace on the TIM supply. Then our CFO, Camillo Greco, will cowl the financials.
As standard, the presentation might be adopted by a Q&A session the place you’ll be able to ask questions both by way of telephone or by our webcast platform. For any subjects we can’t have the ability to cowl right this moment, please do contact the Investor Relations staff, who might be glad to comply with up.
With that, over to you, Matteo.
Matteo del Fante
CEO & Director
Good morning, everybody. Our Q1 2026 outcomes spotlight a really sturdy begin of the yr and ensure the power of our platform mannequin. We delivered a document first quarter with revenues of EUR 3.5 billion and a wholesome 8% year-on-year progress supported by all enterprise models. On profitability, we achieved a document adjusted EBIT of EUR 905 million, up 14% year-on-year, reflecting continued price self-discipline within the present inflationary setting. Internet revenue reached EUR 617 million, up 3% year-on-year. Business traits remained strong with EUR 1.7 billion funding inflows, coupled with sturdy momentum in postal financial savings and secure retail deposits.
We proceed
