Poste Italiane Reports Record Revenue Amid Telecom Italia Integration

Poste Italiane reported record financial results for the first nine months of 2026, with revenue growing 5% to €10.2 billion and adjusted EBIT rising 7% to €2.7 billion. These results led the company to upgrade its full-year guidance and increase its interim dividend by 7.5% to €0.43 per share, payable on November 25, 2026.

The company is currently integrating Telecom Italia (TIM) to transform into an AI-powered connecting platform that combines postal, financial, insurance, and telecommunications services. Management has identified at least €0.7 billion in run-rate synergies, targeting €0.5 billion in cost savings by 2028 and over €0.2 billion in incremental revenue by 2029.

Integration efforts began with the launch of TIM products through the Poste Italiane network, including a shop-in-shop in Rome opened on November 10, 2026. Similar locations are planned for Milan and Turin by the end of the year. While the Mail, Parcel & Distribution segment saw a 27% decline in adjusted EBIT, the overall financial performance remained strong. The combined entity has also partnered with Fincantieri on the Fincantieri Ontology AI project.