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Audrey Hanard becomes Bpost’s new chairman

36-year-old Audrey Hanard becomes the new chairman of Bpost.

Bpost will have a remarkable new chairman at next week’s general meeting: Audrey Hanard. Bpost reports this in the margin of the quarterly results that were published on Wednesday after the close of the market.

Today Hanard works at the consultant Dalberg Global Advisors. She is also chair of the umbrella organization Be education and former chair of the Vrijdaggroep, a policy forum of young thinkers. Before that, she was a manager at Telos Impact, a philanthropy consultancy.

Hanard replaces François Cornelis as chairman at Bpost. Cornelis stepped down early in March after the mass criticism he received with the dismissal of CEO Jean-Paul Van Avermaet. In the federal government it was then agreed that the PS could supply the new chairman of Bpost.

9 percent

Revenue

Bpost’s turnover in the first quarter was 9 percent higher than a year earlier.

New directors at Bpost will be Jules Noten, the former CEO of Vandemoortele, and Sonja Rottiers, CEO of Lloyd’s Europe.

Profit expectations increased

The new names for the board of directors were announced in the margin of the first quarter results. They turned out to be surprisingly good. In the first three months of this year, Bpost achieved a turnover of 1,020 million euros, 9 percent more than a year earlier.

Adjusted operating profit (EBIT) at 115.5 million euros was almost 40 million higher than a year earlier. The classic mail department was able to increase its turnover slightly.
But especially the parcels did well thanks to the corona crisis. Turnover in Europe and Asia rose by a third to 288 million euros due to the increasing parcel trade. Bpost was able to more than double the adjusted operating profit to EUR 37.3 million. The American problem child Radial also performed better.

Due to the good results, Bpost is increasing its profit forecast. While the company expected an adjusted operating profit of between € 265 and € 295 million for this year, it now expects a profit of € 310 million in 2021.

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