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Poste Italiane SpA (PST.MI)

PST.MI on Milan Stock Exchange

9.52EUR
18 Apr 2019
Change (% chg)

€0.00 (+0.04%)
Prev Close
€9.52
Open
€9.50
Day's High
€9.56
Day's Low
€9.31
Volume
4,675,245
Avg. Vol
3,162,435
52-wk High
€9.56
52-wk Low
€5.98

Latest Key Developments (Source: Significant Developments)

Poste Italiane does not plan to list digital payment division
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Poste Italiane executive tells analysts at a meeting in London::GROUP DOES NOT PLAN TO LIST ITS DIGITAL PAYMENTS DIVISION POSTEPAY.  Full Article

Poste and CDP also reviewing possible acquisitions for SIA
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Poste Italiane CEO Matteo Del Fante::GROUP AND STATE LENDER CDP ALSO REVIEWING POSSIBLE ACQUISITIONS FOR SIA.UP TO ITALY'S TREASURY TO DECIDE WHETHER TO INCREASE SHARE OF POSTE CAPITAL LISTED ON THE MARKET.  Full Article

Poste still planning to offer car insurance in 2020-CEO
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Poste Italiane CEO Matteo Del Fante says::GROUP STILL PLANS TO OFFER CAR INSURANCE IN 2020.2018 MARKS STABILISATION OF MAIL AND PARCEL REVENUES AFTER YEARS OF DECREASES.STUDYING PARCEL DELIVERY WITH DRONES OR DRIVERLESS VEHICLES.  Full Article

Italy's Poste sees no impact on dividends from drop in Solvency Ratio
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Poste Italiane::EXEC SAYS DOES NOT SEE ANY IMPACT ON DIVIDEND POLICY FROM DROP IN SOLVENCY RATIO.EXEC SAYS SOLVENCY RATIO FELL TO 185 PERCENT AT END-JUNE FROM 279 PERCENT END-DEC PARTLY DUE TO VOLATILITY IN ITALIAN GOVERNMENT BONDS IN Q2.CEO SAYS CONFIDENT GROUP WILL ACHIEVE ITS TARGET ON CAPITAL GAINS ON GOVERNMENT BONDS OVER 5-YEAR BUSINESS PLAN PERIOD.CEO SAYS IF GROUP SEES LEVEL OF PROVISIONS IS NOT PERCEIVED AS HIGH ENOUGH BY INVESTORS, WILL MOVE TO REASSURE MARKET OVER SOLVENCY RATIO.CEO, IN ANSWER TO QUESTION WHETHER GROUP WAS APPROACHED BY GOVERNMENT TO RESCUE ALITALIA, SAYS HAS NOT HEARD ANYTHING ON THE ISSUE.CEO SAYS DOES NOT EXPECT ANY CHANGE IN DISTRIBUTION AGREEMENT AFTER NEW TOP MANAGEMENT APPOINTED AT STATE LENDER CASSA DEPOSITI E PRESTITI.EXEC SAYS CURRENT LEVEL OF SOLVENCY RATIO AT 185 PERCENT IS APPROPRIATE, KEY THRESHOLD IS 130 PERCENT.  Full Article

Poste Italiane H1 Net Profit 735 Million Euros, Confirms Outlook
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Poste Italiane SpA ::SAYS H1 REVENUE 5.429 BILLION EUROS VERSUS 5.397 BILLION EUROS IN CONSENSUS PROVIDED BY GROUP.CONFIRMS 2018 OUTLOOK.SAYS H1 EBIT 1,053 MILLION EUROS VERSUS 1.029 BILLION EUROS IN CONSENSUS PROVIDED BY GROUP.NET PROFIT STRONGLY UP AT €250M IN 2Q18 +57.2% VERSUS 2Q17.SAYS H1 NET PROFIT 735 MILLION EUROS VERSUS 711 MILLION EUROS IN CONSENSUS PROVIDED BY GROUP.  Full Article

Poste Italiane aims to bag 1.8 bln euros in postal savings fees in 2018
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Poste Italiane::HAS 2018 TARGET FOR POSTAL SAVINGS FEES OF 1.8 BILLION EUROS OR BETTER - SLIDE.EXEC SAYS GROUP IS CONFIDENT OF REACHING HIGH PART OF 1.55-1.8 BILLION EURO RANGE FOR POSTAL SAVINGS FEES.EXEC SAYS GROUP WILL BOOK SIGNIFICANT CAPITAL GAIN IN 2018 THANKS TO PARTNERSHIP WITH ANIMA.  Full Article

Poste Italiane, Anima Announce Binding Agreement To Strengthen Partnership In Asset Management Business‍​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Poste Italiane ::POSTE ITALIANE AND ANIMA ANNOUNCE A BINDING AGREEMENT TO STRENGTHEN THE PARTNERSHIP IN THE ASSET MANAGEMENT BUSINESS‍​.THE TRANSACTION VALUE IS €120 MILLION.POSTE WILL RECEIVE NEWLY ISSUED SHARES OF ANIMA SGR, WHICH WILL BE BOUGHT BACK BY ANIMA , FOR CASH CONSIDERATION OF €120 MILLION.CO TO REMAIN 100% OWNER OF BANCOPOSTA FONDI SGR.AGREEMENT CONCERNS DELEGATED PORTFOLIO MANAGEMENT ACTIVITIES UNDERLYING TRADITIONAL LIFE INSURANCE PRODUCTS “RAMO I” OF POSTE VITA.  Full Article

Italy's Poste agrees 103 euro monthly pay rise per employee
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Poste Italiane says::SIGNS NEW 3-YEAR LABOUR CONTRACT GRANTING AVERAGE MONTHLY PAY RISE OF 103 EUROS PER EMPLOYEE FOR 2016-2018.  Full Article

S&P raises Italian post office's rating following sovereign upgrade
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Poste Italiane says: :Credit rating agency S&P raises credit rating to 'BBB' from 'BBB-'.  Full Article