
Revenues at 10.2 billion, adjusted Ebit at almost 2.7 billion and adjusted net profit at 1.8 billion
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The article reports the results of the first nine months of the year of Poste Italiane, presented by the CEO Matteo Del Fante.
After an extraordinary first half of the year, I am pleased to announce another record performance both in the third quarter and in the first nine months of the year, with the best results ever", underlines the CEO of Poste Italiane, Matteo Del Fante, presenting the results of the first nine months. "All business lines contributed to a solid growth in revenues of 5%, to 10.2 billion, while the adjusted operating result (Ebit) grew by 7%, reaching almost 2.7 billion, sustained from the increase in revenues and the continuous cost rationalization activity. Adjusted net profit reached 1.8 billion", up 4%.

The session was down for Asian stock markets, affected by Nvidia's difficulties after the scandal involving CEO Jensen Huang and the 10% drop in shares on the Nasdaq. Tokyo, Hong Kong, Shenzhen, Shanghai and Taiwan closed in negative territory.

CGIL, CISL, UIL and 13 employers' associations signed a proposed framework agreement on representation, wages and collective agreements after almost 18 hours of negotiation. The agreement provides for periodic checks for salary adjustment to inflation, renewal platforms six months before expiry and criteria for measuring representation for unions and businesses.

A Eurostat study shows that from 2022 to 2025, Italy fell from tenth to thirteenth place among the 27 EU countries in terms of annual gross wages, with a gap compared to the EU average that went from 3,822 to 7,251 euros. The causes cited include delays in contract renewals and employment that has grown especially in low value-added services.

The government introduced a new excise duty cut on diesel from November 10 to 23, with a discount of 4.88 cents per liter funded by VAT on petroleum products. The measure costs over 3 million euros per day and brings diesel fuel back to around 2.2 euros per litre, while petrol remains stable at around 2 euros.

After almost 18 hours of negotiation, CGIL, CISL, UIL and 13 employers' associations signed the hypothesis of a framework agreement on representation, contractual structures, wages and collective bargaining. The agreement also includes health and safety, training and participation. The negotiations began at 12.30 in Viale dell'Astronomia and ended at 5.30 in the morning.

After almost eighteen hours of negotiation, CGIL, CISL, UIL and thirteen employers' associations signed a proposed framework agreement on representation, contractual structures, wages and contents of collective bargaining, with chapters on health and safety, training and participation, to combat pirate agreements.