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InPost out of the box PRESS RELEASE 8 September 2021 InPost S.A. announces Q2 2021 and H1 2021 Results with accelerated delivery of pan - European growth strategy InPost reports 54 % year - on - year revenue growth in H1 2021 and 30 % revenue growth in Q2 2021 , with continued adjusted EBITDA margin expansion and improvement in cash conversion . Full year 2021 outlook unchanged Luxembourg - 8 September 2021. In Post S.A. ( " In Post " , " the Company " or together with its subsidiaries " the Group " ) , announces results for the six months ending 30 June 2021 and for the second quarter of 2021 . H1 2021 Highlights • Accelerated execution of pan - European growth strategy , benefitting the Company's " flywheel " effect " and enhancing its overall consumer proposition • • • • Completed the acquisition of Mondial Relay on 1 July to create Europe's leading out - of - home solution for e - commerce Established partnerships with 6 key cities in Poland as part of the " Green City " program , focused on a range of innovative environment initiatives including the first renewable energy solution for APMs in Poland . Received first ESG rating from ISS Total number of Automated Parcel Machines ( APM ) increased by 56 % year - on - year to 15,572 , with 2 million lockers deployed ( + 75 % year - on - year ) In Poland , APM parcel volumes increased by 61 % year - on - year to 165 million . International parcel volumes increased by 314 % year - on - year to 2.9 million Adjusted EBITDA of PLN 695 million ( 42.1 % margin ) increased by 73 % year - on - year , with ~ 470 basis points of Adjusted EBITDA margin expansion compared to H1 2020 Capex increased by 53 % year - on - year to PLN 329 million , supported by a 7 % reduction in APM production costs Free Cash Flow increased by 90 % year - on - year to PLN 400 million with cash conversion improving to 58 % , compared to 52 % in H1 2020 • Ended H1 2021 with an LTM net leverage of 1.8x1 . or ~ 3.0x on a pro - forma basis , including Mondial Relay acquisition 1 Defined as net debt of InPost S.A. Group as at Q2 / 2021 divided by the LTM Adjusted EBITDA of the InPost S.A. and Integer.pl Group ( as In Post S.A. only acquired the Integer.pl Group in January 2021 ) InPost S.A. 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 inpost.eu OUT OF THE BOX