Core Insights - Quadient S.A. reported a consolidated revenue of €258 million for Q1 2025, reflecting a decrease of 1.1% on a reported basis and 2.5% organically compared to Q1 2024, with a positive scope effect from the acquisition of Package Concierge [5][7][46] - The company experienced strong organic growth in its Digital and Lockers solutions, with subscription-related revenue increasing by 11.1% for Digital and 12.7% for Lockers, indicating robust demand for these services [2][6][19] - The Mail segment faced challenges, with revenue declining by 7.9% due to a low point in the renewal cycle and a tough comparison base from the previous year [3][13][24] Financial Performance - Subscription-related revenue accounted for €193 million, representing 75% of total sales, and increased by 1.2% organically [6][19] - Non-recurring revenue saw a decline of 12.0% organically, primarily due to reduced hardware sales amid a challenging macroeconomic environment in the U.S. [6][13] - Annual recurring revenue (ARR) reached €237 million, marking a 9.6% organic growth compared to the end of FY 2024 [11] Geographic Performance - North America, contributing 59% of revenue, experienced a 2.4% organic decline, influenced by macroeconomic uncertainty and a strong comparison base from Q1 2024 [7][8] - Main European countries recorded a 2.8% organic decline, while the International segment saw a 2.0% organic decrease [8][45] Strategic Developments - The acquisition of Serensia, a French electronic invoicing platform, is expected to enhance Quadient's digital financial automation strategy and support its customers in transitioning to mandatory e-invoicing in France [4][12][38] - Quadient's digital automation platform received recognition in multiple analyst rankings, indicating its strong market position and growth potential [11][27][30] Future Outlook - The company anticipates continued uncertainty in Q2 but remains confident in delivering stronger performance in the second half of 2025, maintaining its full-year guidance for organic revenue and EBIT growth acceleration compared to 2024 [5][26][32] - A promising order pipeline across solutions is expected to support recovery in the Mail segment and further growth in Digital and Lockers [32][17]

Core Insights - Quadient has reached a significant milestone with over 300 higher education institutions in the U.S. utilizing Parcel Pending by Quadient Lockers for various logistical needs, including package pickup and addressing food insecurity among students [1][4]. Group 1: Adoption and Impact - The adoption of Quadient Lockers is driven by the need to modernize package management on campuses, with automated lockers providing alerts to students, faculty, and staff when packages are ready for pickup [2]. - A notable factor in reaching the 300 institution milestone is the integration of Quadient Lockers into campus food security programs, addressing the issue of food insecurity that affects 23% of undergraduate students [3]. Group 2: Technology and Solutions - Quadient's Campus Hub solution combines its Web Tracking System with automated lockers, ensuring a full chain of custody for goods distributed across campuses [4]. - The company has installed over 25,700 smart locker units globally, with ongoing expansion in key markets such as the U.S., Japan, and Europe [5].