Board/Management Information • Sep 10, 2021
Board/Management Information
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PRESS RELEASE 10 September 2021
Luxembourg, - 10 September 2021. InPost S.A. ("InPost" or the "Company") today announced that its Supervisory Board has appointed Mr. Michael Rouse as member of the Management Board for a period of four years.
"I am delighted to welcome Michael to the Management Board of Inpost. Michael brings a wealth of experience, industry expertise and leadership skills that are invaluable as we accelerate our pan-European growth strategy," said Rafal Brzoska, CEO and Founder of InPost.
"Over the last year, Michael has played a key role in accelerating our growth in the U.K. and creating the right structures to support our future growth. With the addition of Mondial Relay, we have now expanded our presence across 8 countries in Europe and Michael's experience of accelerated multigeographic expansion, scaling through a fast-paced tech environment and working with leading global e-Commerce retailers cements our mission to be the leading pan-European out-of-home solution for ecommerce."
Michael Rouse joined InPost as CEO of InPost International in October 2020 with responsibilities for setting up InPost business in the United Kingdom and Italy and also responsible for the integration of Mondial Relay to the overall InPost Group to create Europe's leading out-of-home solution for ecommerce. Prior to joining InPost, Michael was Group Chief Revenue and Commercial Officer at Klarna for 5 years, leading the market expansion activities and successful integrations of BillPay in Germany and Close Brothers Retail Finance in UK.
InPost (Euronext Amsterdam: INPST) is the leading out-of-home e-commerce enablement platform in Europe. Founded in 1999 by Rafal Brzoska in Poland, InPost provides delivery services through our network of more than 15,500 Automated Parcel Machines ("APMs"), including over 2,000 in the UK, as well as to-door courier and fulfilment services to e-commerce merchants. Strategically positioned in the fast-growing ecommerce market, InPost's strategy is further enhanced by our investments in technology, as well as the benefits of the "flywheel" effect that provide consumers, merchants and our planet a best-in-class, lower cost, more convenient and sustainable form of last mile delivery. Through our delivery services, InPost is creating a greener solution for e-commerce, as APM deliveries reduce CO2 emissions by up to two-thirds compared to to-door deliveries in urban areas, and by up to 90% in rural areas, as well as significantly reducing traffic and noise pollution.
In the twelve months to 30 June 2021, InPost handled 381 million parcel deliveries through its networks in Poland, France, the U.K, Italy, Benelux and Iberia, generating PLN 3,111 million of revenue and other operating income and PLN 1,298 million of adjusted EBITDA.
In July 2021, InPost successfully completed acquisition of Mondial Relay to create Europe's leading out-ofhome automated solution for e-commerce.
This press release contains inside information relating to the Company within the meaning of Article 7(1) of the EU Market Abuse Regulation.
This press release contains forward-looking statements. Other than reported financial results and historical information, all statements included in this press release, including, without limitation, those regarding our financial position, business strategy and management plans and objectives for future operations, are, or may be deemed to be, forward-looking statements that reflect the Company's current views with respect to future events and financial and operational performance. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements are based on the Company's beliefs, assumptions and expectations regarding future events and trends that affect the Company's future performance, taking into account all information currently available to the Company, and are not guarantees of future performance. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and the Company cannot guarantee the accuracy and completeness of forwardlooking statements. A number of important factors, not all of which are known to the Company or are within the Company's control, could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement as a result of risks and uncertainties facing the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are subject to change without notice. Other than as required
Société anonyme Registered address: 70, route d'Esch, L-1470 Luxembourg
Luxembourg Register of Commerce and Companies (R.C.S Luxembourg) under number B 248669 Share capital: EUR 5.000.000
by applicable law or the applicable rules of any exchange on which our securities may be traded, we have no intention or obligation to update forward-looking statements.
This press release contains an outlook for the full year 2021. The Company's ability to meet these objectives is based on various assumptions and it may be unable to achieve these objectives.
The reported financial results are presented in Polish Zloty (PLN) and all values are rounded to the nearest million unless otherwise stated. As a consequence, rounded amounts may not add up to the rounded total in all cases.
Sherief Bakr, Investor Relations [email protected] +44 7756 205 027
Wojciech Kądziołka, Spokesman [email protected] +48 725 25 09 85
Powerscourt James White and Elly Williamson [email protected] +44 7855 432 699 / +44 7970 246 725
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