BPOST Shares Surge 4.26% at Close Despite National Strike
The share price of the Belgian postal group BPOST saw a significant rebound on Thursday, November 27, closing up 4.26% at 1.86 euros. This increase occurred amidst a tense social backdrop as a three-day national strike has been affecting Belgium since November 24, particularly disrupting postal services during the critical period between Black Friday and St. Nicholas Day.
Market Performance
BPOST's share price increased by 4.26% this Thursday to close at 1.86 euros, up from 1.79 euros at the previous day's close. This marks a positive weekly momentum, with a gain of 7.76% over the last seven days. Trading volumes remained modest, with only 0.16% of capital traded during the session. Over a longer term, however, the stock has declined by 12.58% over three months and 2.1% over a year, while the CAC 40 has increased by 12.58% over twelve months. This relative underperformance highlights the structural challenges faced by the Belgian postal operator, including issues with its American subsidiary Radial and the ongoing decline in mail volumes.
Technical Analysis
Technically, the stock is currently fluctuating between a support at 1.73 euros and a resistance at 2.22 euros. The RSI indicator stands at 59, indicating renewed interest from buyers without reaching an overbought zone. This progress has brought the price back above the psychological threshold of 1.80 euros, although it remains well below its 50-day moving average of 2.08 euros. The MACD shows a slightly positive histogram at 0.01, suggesting a potential short-term technical turnaround after several weeks of decline. The one-month volatility is set at 13.09%, reflecting uncertainties surrounding the execution of the group's transformation plan.
Financial Outlook
During the announcement of its third-quarter results in early November, BPOST confirmed its outlook for the year 2025 with an expected adjusted EBIT of around 180 million euros. This maintained guidance demonstrates the management's confidence in their ability to reach the upper end of the initially announced range, despite a complex operational environment. The group is particularly counting on the accelerated deployment of the Radial Fast Track program in North America and efficiency gains in its last-mile delivery operations in Belgium. The fourth quarter, traditionally crucial with the end-of-year volume peak, will be decisive in validating these objectives, as ongoing social unrest could impact operational performance.
