Q1-25 Postepay Services revenues are up 5.0% y/y to €398m.
Payments’ revenues up 0.5% to €284m driven by transaction value growth (+6.1%) and supported by e-commerce and growth in total number of ecosystem transactions (+9%), testifying our clients’ cards increased usage, offsetting the instant payment revenues shortfall arising from EU regulatory changes.
Telco revenues were up 1.7% y/y to €82m in Q1-25, supported by a stable customer base.
The Poste Energia retail energy offer, launched in June 2022, contributed to the top line with €32m in Q1-25, driven by a higher customer base reaching around 800,000 clients, almost double the Q1-24 level.
Segment Adjusted EBIT for the period was up 12.9% y/y to €133m, underpinned by strong top-line performance and stable costs.
