Previous close | 10.02 |
Open | 9.96 |
Bid | 9.77 x 0 |
Ask | 10.27 x 0 |
Day's range | 9.96 - 9.96 |
52-week range | 7.59 - 10.56 |
Volume | |
Avg. volume | 164,181 |
Market cap | 13.073B |
Beta (5Y monthly) | 0.89 |
PE ratio (TTM) | 7.83 |
EPS (TTM) | 1.28 |
Earnings date | N/A |
Forward dividend & yield | 0.65 (6.40%) |
Ex-dividend date | 19 Jun 2023 |
1y target est | N/A |
German digital freight forwarder sennder is renewing its joint venture (JV) with Poste Italiane with the aim of generating 2.3 billion euros ($2.5 billion) in revenue over the next 10 years, sennder CEO David Nothacker said on Wednesday. The venture, known as sennder Italia, achieved earnings before interest, taxes, depreciation and amortisation (EBITDA) of 4.5 million euros in 2022, cutting costs for Poste Italiane with its technology that reduces manual operations and unnecessary mileage for freight.
MILAN (Reuters) -Italian banks and insurers that are being called upon to rescue struggling life group Eurovita will help by using their balance sheet, Poste Italiane's CEO said on Thursday, without elaborating. Matteo Del Fante said in response to a question during a post-results analyst call that it was reasonable to assume that the Italian post office would help to bear the cost of a Eurovita rescue, which is estimated at around 400 million euros, based on its 20% share of the life insurance market. The Poste Italiane chief executive said all the main Italian insurers and banks distributing products by Cinven-owned Eurovita were working on a possible solution.
Revenues at Poste Italiane rose 8.1% to 3 billion euros ($3.32 billion) in the first quarter of the year, lifted by positive trends in all its businesses, the company said on Thursday. The state-controlled Italian postal service company, which said it was well on track to meet its forecasts for the current year, also posted a rise in net profit to 540 million euros in the January-to-March period.