Shares in Bpost (BR:BPOST) rose more than 8% on Friday after the Belgian postal operator reported better-than-expected second-quarter earnings and provided an optimistic outlook for the full year.
The company posted an adjusted operating profit (EBIT) of 58.3 million euros ($67.92 million) for the quarter, exceeding the company-compiled consensus estimate by 22%.
Following the strong quarterly performance, Bpost updated its full-year guidance, stating it now expects its annual operating profit to reach the upper end of its previously confirmed range of 150-180 million euros.
The positive earnings results and improved outlook triggered significant investor interest in the Belgian postal company’s stock.





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