bpost NV/SA (OTCPK:BPOSF) Q1 2025 Earnings Convention Name Might 9, 2025 4:00 AM ET
Firm Contributors
Chris Peeters – Chief Government Officer
Philippe Dartienne – Chief Monetary Officer
Convention Name Contributors
Frank Claassen – Degroof Petercam
Stefano Toffano – ABN AMRO ODDO
Marc Zwartsenburg – ING
Operator
Hiya and welcome to the bpostgroup First Quarter 2025 Analyst Convention Name. On right this moment’s name, we have now Mr. Philippe Dartienne, CFO; and Mr. Chris Peeters, CEO. Please notice, this name is being recorded and in the course of the decision, your line can be on listen-only. Nevertheless, you should have the chance to ask questions on the finish of the decision. [Operator Instructions]
I’ll now hand over to your host, Mr. Chris Peeters, CEO, to start right this moment’s convention. Please go forward, sir.
Chris Peeters
Good morning, women and gents. Welcome to all of you and thanks for becoming a member of us. We do not solely have Philippe and myself, but in addition Antoine Lebecq, Head of Investor Relations within the room, and Philippe and myself will stroll you thru our first quarter 2025 outcomes. We posted the supplies on our web site this morning. We’ll stroll you thru the presentation and can then take your questions. As all the time, two questions every would guarantee everybody will get the prospect to be addressed within the upcoming hour.
Philippe, over to you for the financials. I am going to then come again with an replace on a few of our key strategic priorities for 2025.
Philippe Dartienne
Thanks, Chris, and good morning to all. As you’ll be able to see on the highlights on Web page 3, our Group working earnings for Q1 stood at €1,119 million, a rise year-over-year by near 13%. At fixed perimeter, that means excluding the €199 million consolidation impression of Staci, our working earnings decreased by 7%, or €73 million, primarily pushed by the next components. Primary, persistent headwinds in North America following contract
