I grandi investitori premiano il titolo di Poste Italiane

Undoubtedly it was a great success. We saw it in these numbers. It helps. Thank you for inviting me to the broadcast that you regularly follow. A great success. Regarding March 19, it was an extraordinary day for management and the company. We managed to organize a streaming event with over a thousand people connected, obviously colleagues from Poste Italiane, our partners, but also many Italian and foreign investors, and some of the big research houses. And they follow us, as mentioned by the service and Cespi, Barclays, but also the group of analysts who have followed us for a long time. They greatly appreciated the event in its entirety, because it was not only an opportunity to see the management, who they regularly deal with, but also an opportunity to review the heads of all business units, with whom they have a continuous relationship.

So, here is what the financial community liked most about the plan, '24 Sustain Innovate'. First of all, they liked the completeness, as they had the opportunity to get a holistic update on how the company is doing, as well as to delve into the four business lines. For me, parcel and distribution, the update on the 'Next' operation was very well received, the update on the 'San G' operation, confirmation of the continuous advancement of the parcel world. For 'Premesse Mobile', the continuous acceleration of electronic payments, as well as the entry into the energy world. For the world of BancoPosta and financial services, the innovative segmentation of the clientele with a more precise target of counterparties, also based on the internal tools we have set up, was very well received. And for the Poste di Piazza part, the push on insurance for vehicles was very well received.

We were very pleased that after the industrial plan, analysts' evaluations were revised and many of the houses that follow us increased their target prices. Today the target price is better than the group average, around 12 euros. If we look only at the houses that revised the price after March 19, the price reaches closer to 13 euros, 12.60 euros. So we were very pleased to see this sign of confidence from large international players, some of whom have been with us for a long time.

We had certainly a good follow-up. After the event, we did a virtual roadshow. In past years, we would have taken the plane and traveled around the world. What we did this year is stay at Viale Europa, but we managed to have a series of meetings that helped us cover about 8% of our shareholder base. We saw more than 45 counterparties, and we were very efficient because, being all in the same location, we managed to maximize our time and that of the counterparties, who also saw their logistical technical times reduced. So it was very appreciated.

Regarding the plan itself, beyond what I have already commented on, it was very much appreciated that the management team, led by the CEO and the co-general manager, pushed for further growth of the group. In particular, the push on revenue was very appreciated, as we set very ambitious targets in terms of revenue growth, which over the next four years will increase by about 2 billion euros. Also very appreciated, of course, the dividend policy. Here too, we presented a very rewarding dividend policy, and starting from 2021, we will have a dividend that will increase by 14% compared to the previous one.