Koen Van Gerven, CEO, commented: "The second quarter results are in line with our expectations for 2018 as expressed at our capital markets day in June.  We are particularly pleased with the strong organic growth in our parcels business driven by the e-commerce development in our extended Be-Ne home region.  We expect the second half of the year to be seasonally stronger.  We are on track to deliver normalized EBITDA 2018 at the low end of our guidance range and to pay dividend at least the same as last year.

bpost continues its transformation to become an international e-commerce logistics player. The new organization is now in place to deliver the plan with the following priorities: adapt our mail & retail services in Belgium to evolving customer needs in our fast-paced environment, drive profitable growth in parcels & e-commerce logistics and optimize Radial to deliver on the investment thesis."

Download the press release here

Source: bpost