Amsterdam – 27 January 2021 – Euronext today congratulates InPost S.A., the Polish e-commerce enablement company, on its listing on Euronext Amsterdam (ticker code: INPST).
InPost offers an extensive network of automated parcel machines, to-door couriers and fulfillment services to e-commerce merchants, providing its partners and their customers with a lower cost, flexible, convenient, environmentally friendly and contactless delivery option.
The listing of InPost marks the next phase in the company’s growth strategy of the company as it looks to deliver on its vision of becoming Europe’s leading solution for out-of-home e-commerce parcel delivery in Europe. The Polish company also has a growing presence in the UK. InPost was listed through the admission to trading of 500 million shares, with the issue price set at €16.00 per share. The company’s market capitalisation was €8.0 billion on the day of listing.
Rafal Brzoska, Chief Executive Officer of InPost, said: “We are incredibly proud to complete the listing of InPost on Euronext Amsterdam. Today marks an important milestone in achieving our vision for InPost to become Europe’s leading out-of-home automated solution for e-commerce. We are pleased to have received strong levels of interest and support from investors and look forward to embarking on the next phase of our growth ambitions.”
Caption: Rafal Brzoska, CEO of InPost S.A., and Adam Aleksandrowic, CFO, sounded the gong together with Marieke Bax, non-executive director in the Netherlands, during a virtual ceremony this morning to celebrate the Initial Public Offering of the company.
About InPost S.A. InPost S.A (“InPost”) is the leading e-commerce enablement platform. Founded in 1999 by Rafal Brzoska in Poland, InPost provides delivery services through its network of 12,254 APMs, including over 1,100 in UK, as well as to-door couriers and fulfilment services to e-commerce merchants. In 2020, InPost handled 249 million parcel deliveries through its APMs, working with over 26,000 merchants. Strategically positioned in the fast-growing e-commerce ecosystem, InPost benefits from supportive market trends which drives further APM adoption. APMs provide consumers with a lower cost, flexible, convenient, environmentally friendly and contactless delivery option. Through its APM delivery services, InPost is creating a greener solution for e-commerce, as locker delivery results in a reduction of CO2 emissions by two-thirds compared to to-door deliveries in urban areas and 90% in rural areas as well as significant reduction in congestion. In addition, APMs provide a more convenient solution to parcel delivery for consumers, allowing for 24/7 access without the need for consumers to remain at home. Highly efficient IT infrastructure and rapid adoption of new technology underpin InPost’s operations and growth. InPost’s mobile application ‘InPost Mobile’ is one of the most successful apps in Poland with 5.7 million active users. A strong track record of rapid growth effected in doubled revenue and nearly trebled Operating EBITDA, outpacing most of the companies in the European STOXX 600 index. InPost's strategy is to continue its profitable growth and to offer merchants and consumers a continuously improving delivery experience.