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Poste Italiane S.p.A. (PST.VI)

Vienna - Vienna Delayed Price. Currency in EUR
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11.56-0.09 (-0.82%)
At close: 05:32PM CEST
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Previous Close11.65
Bid0.00 x 0
Ask0.00 x 0
Day's Range11.56 - 11.74
52 Week Range9.28 - 11.84
Avg. Volume7
Market Cap14.995B
Beta (5Y Monthly)0.90
PE Ratio (TTM)7.81
EPS (TTM)1.48
Earnings DateN/A
Forward Dividend & Yield0.80 (6.92%)
Ex-Dividend DateJun 24, 2024
1y Target EstN/A
  • Reuters

    Italy could raise 4.4 billion euros by selling 29% stake in Poste

    The planned sale of the Italian government's stake in postal service Poste Italiane could be worth around 4.4 billion euros ($4.76 billion), Economy Minister Giancarlo Giorgetti said on Wednesday. The Treasury intends to sell all or part of its 29.3% direct stake in Poste, while retaining control through another 35% held by state bank Cassa Depositi e Prestiti (CDP). "Italy will carry out the transaction at the time most appropriate to maximize the revenue," Giorgetti said during a parliamentary hearing.

  • Reuters

    Italy plans to sell up to 13% stake in Poste Italiane - ministry

    ROME (Reuters) -Italy plans to sell a stake of up to 13% in postal service group Poste Italiane, its industry ministry told parliament on Tuesday. The stake sale is part of government plans to raise roughly 20 billion euros ($21.67 billion) through asset sales between 2024 and 2026 to keep in check the euro zone's second-largest debt pile as a proportion of gross domestic product (GDP). In a written response to a parliamentary question, a copy of which was seen by Reuters, the industry ministry said both the Treasury and state lender Cassa Depositi e Prestiti (CDP) plan to cut their stakes in Poste Italiane without going below 51%.

  • Reuters

    German logistics firm sennder renews $2.5 billion joint venture with Poste Italiane

    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.