Q3 2020 Bpost SA Earnings Call Transcript

Nov 04, 2020 / 09:00AM GMT
Operator

Hello, and welcome to the bpost Third Quarter 2020 Analyst Call. (Operator Instructions)

I will now hand over to your host, Jean-Paul Van Avermaet, Group CEO, to begin today's conference. Thank you.

Jean-Paul Van Avermaet - bpost SA/NV-CEO&Director

Good morning, ladies and gentlemen. I'm pleased to present you bpost Group's third quarter 2020 results. First of all, welcome to all of you, and thank you for joining us. With me, I have Leen Geirnaerdt, our CFO as well as Saskia Dheedene from our Investor Relations.

I assume you already had the opportunity to read through the materials, which we posted on our website last night. We will walk you through the presentation, and we'll then take your questions.

First of all, on Page 3, you see that we realized a very solid third quarter, driven by continued strong performance in Parcels & Logistics, and this -- both in Europe and Asia and the U.S. Our group operating income at EUR 972.9 million increased by 10.4% and

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