In Q2-25 Mail, Parcel & Distribution segment revenues were at €960m, up 0.7% y/y (€1.9bn in H1-25, up 1.1% y/y).
In Q2-25 Mail revenues were at €516m, down 5.8% y/y (€1.0bn in H1-25, -4.4% y/y), reflecting expected lower volumes, with 2024 benefitting from one-offs, and partially mitigated by ongoing repricing actions.
Parcel & Logistics revenues recorded a solid 8.8% y/y growth to €408m in Q2-25 (€801m in H1-25, +7.9% y/y), supported by strong parcel volumes growth (+13.9% y/y in Q2-25 to 82 million items; +11.3% y/y to 159 million items in H1-25).
In Q2-25 parcel average tariff is down 3.2% y/y, while in the first six months of the year is down 1.9%, reflecting higher volumes with lower pricing and unit costs.
The share of parcels delivered by “Postini” reached 43% in Q2-25.
In Q2-25 Distribution revenues were at €1.4bn up 4.3% y/y (€2.9bn in H1-25, +3.9% y/y), reflecting positive commercial trends.
Segment Adjusted EBIT was at €42 in Q2-25 (€67m in H1-25), progressing in line with FY-25 guidance.
