PostNL
Logotype for PostNL N.V.

PostNL (PNL) investor relations material

PostNL Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for PostNL N.V.
Q4 2025 earnings summary23 Feb, 2026

Executive summary

  • Achieved all 2025 financial and non-financial targets, including Net Promoter Score, carbon efficiency, and employee engagement, supporting Breakthrough 2028 ambitions.

  • Reset organizational structure and aligned reporting segments with new strategy focused on e-commerce, platforms, and mail; refinancing secured through 2028.

  • Proposed €0.04 dividend per share for 2025, representing an 80% payout of normalised comprehensive income.

  • Political approval for transitioning mail delivery to D+2 by mid-2026 and D+3 by July 2027, with ongoing legal proceedings for net cost compensation.

  • Customer satisfaction, employee engagement, and ESG progress improved year-over-year.

Financial highlights

  • FY 2025 revenue grew to €3,324 million from €3,252 million in FY 2024; Q4 2025 revenue at €973 million, up from €937 million.

  • Normalised EBIT for FY 2025 stable at €53 million; Q4 2025 normalised EBIT up 27% to €79 million.

  • Free cash flow for FY 2025 at €(25) million, in line with outlook.

  • Adjusted net debt increased to €501 million at year-end 2025 from €474 million in 2024; leverage ratio at 1.99.

  • FY 2025 profit for the year was a loss of €17 million, compared to a profit of €18 million in FY 2024.

Outlook and guidance

  • 2026 normalised EBIT expected between €40–70 million; free cash flow between €0 and €(30) million.

  • Revenue growth forecasted at 5%–7% for 2026, with CapEx up to €125 million.

  • Organic cost increases of €140 million anticipated, mainly labor-related, to be offset by price increases and cost control.

  • Dividend policy to shift in 2026: payout based on normalised profit, no interim dividends, single payment in May.

  • Outlook assumes limited impact from changes in customs thresholds in EU/US.

Update on USO funding gap resolution
Parcels value strategy: margin impact?
Mail network transformation: 2026 EBIT impact
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next PostNL earnings date

Logotype for PostNL N.V.
Q1 202628 Apr, 2026
PostNL
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next PostNL earnings date

Logotype for PostNL N.V.
Q1 202628 Apr, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

PostNL N.V. provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally. It offers letter mail and parcel services; express delivery services; and end-to-end fulfillment solutions for e-commerce customers, as well as business-to-business shipping services. The company also provides fulfillment solutions consisting of pick and pack, order processing, warehousing, reverse logistics, contact center support, value added services, and return management; courier express parcel services using pickup and delivery points in the Benelux; domestic prepaid envelopes; and direct marketing services comprising market research techniques, data analysis tools, and mailing strategies.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage