Poste Italiane Reports Record 2025 Results, Synergies with Telecom Italia Drive Growth

Poste Italiane concluded 2025 with record-breaking financial results, benefiting from initial gains stemming from its strategic investment in Telecom Italia (TIM). The group, led by CEO Matteo Del Fante, reported an operating result of €3.2 billion, a 10% increase and a net result of €2.2 billion, also up 10%. Revenues grew by 4% to reach €13.1 billion.

Financial Highlights for 2025

• Operating Result: €3.2 billion (+10%)
• Net Result: €2.2 billion (+10%)
• Revenues: €13.1 billion (+4%)
• Proposed Dividend per Share: Increased by 16%, with a total distribution of €1.6 billion representing a 73% payout ratio.

Updated 2026 Targets

The board of directors has updated its targets for the conclude of 2026, projecting an EBIT of €3.3 billion and a net profit of €2.3 billion. Revenue is expected to rise to €13.5 billion. The dividend policy aims to distribute over 70% of net profit. Future dividends from Telecom Italia, estimated at €100 million in 2027, and the effects of TIM’s recent share buyback program (up to €400 million) will contribute to shareholder remuneration.

Strategic Integration and Synergies with Telecom Italia

Poste Italiane’s investment in TIM continues to be viewed as strategic, with ongoing efforts to realize synergies across various sectors. Key developments include:

• PosteMobile Transition: The migration of PosteMobile to the TIM network is expected to generate annual cost savings of €20 million for Poste Italiane and increased revenue for TIM.
• Cross-Selling Opportunities: Expansion of cross-selling initiatives in the insurance and payment sectors.
• Retail Distribution: The distribution of Poste’s energy products (electricity and gas) through 750 primary TIM stores has received a positive response.
• Joint Venture in Innovation: A new joint venture with TIM Enterprise is focused on technology and innovation, including cloud services, artificial intelligence, and cybersecurity.

Reorganization and Sector Performance

Poste Italiane has initiated a reorganization plan integrating its payments company, PostePay, into BancoPosta, creating a new financial hub for integrated payment and financial services.

Key Sector Results:

• Mail, Parcel & Distribution: Total revenues reached €3.9 billion (+2.7%). Parcel delivery revenues increased from €1.58 billion to €1.73 billion, while mail revenues decreased slightly. 349 million parcels were delivered.
• Financial Services: Revenues from third-party financial services amounted to €5.6 billion (+2.9%), driven by growth in interest margins and postal savings. Net result for the sector grew to €766 million.
• Insurance Services: Revenues increased to €1.8 billion (+11.3%).
• Payment Services: Revenues grew to €1.66 billion (+5.1%).
• Energy Sector: Revenues nearly doubled from €76 million to €126 million, with 1.023 million energy contracts.

New Industrial Plan

Poste Italiane’s new industrial plan is scheduled to be presented by the end of 2026, following the renewal of the company’s top management during the financial statement approval meeting.