In the new Poste plan the profit of 1.6 billion in 2024 and more dividends

Time.news – Poste Italiane, in the new strategic plan “2024 Sustain & Innovate”, which continues along the path of sustainable and profitable growth, expects to reach a net profit of 1.6 billion in 2024 (+ 33% compared to 2020). The group, explains a note, also intends to adopt a “clear and competitive dividend policy” with a + 35% growth coupon per share in the arc of the plan.

On the revenue front, the compound annual growth rate on which the new strategic lines are based is 3% between 2019 and 2024 while the dividend policy, based on consistent cash generation, expects an increase of 14% in 2021 and a subsequent growth of 6% each year over the plan period.

Poste Italiane, with the new plan ‘”2024 Sustain & Innovate” will confirm itself as “the most precious engine of innovation and digitization in the country” and also an actor attentive to environmental issues, with the aim of becoming “anet zero emissions company by 2030“said the group’s CEO, Matteo Del Fante.

“We are able to build and grow on the solid foundations laid by the Deliver22 Plan, with achievable goals in all four of our business divisions”, he stressed, highlighting how the transformation of the Mail and Parcels segment is “in full implementation”. “It will be the first time that parcels will have a higher impact on revenues than correspondence, while we will become a 360-degree logistics player with a sustainable business, “he said. Del Fante also recalled how” our strategy of creating a cloud-based architecture “has led Poste” to be the largest user of cloud services. in Italy “.” We are proud of our key role in the national vaccination plan, with approximately 2 million vaccine doses already delivered, in support of the Italian Army, thanks to our native cloud technology platform, “he concluded.

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