CTT - Correios De Portugal S.A./€CTT

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About CTT - Correios De Portugal S.A.

CTT - Correios de Portugal S.A. is a prominent postal operator based in Lisbon, Portugal, primarily engaged in postal and logistics services. The company offers a broad range of services including mail, express and parcel delivery, and financial services through their postal network. Founded in 1520, CTT has a long-standing presence in Portugal and has adapted to market changes by expanding into banking through its subsidiary Banco CTT. Strategically positioned to leverage established infrastructure and a widespread network, CTT maintains a significant role in Portugal's mail and logistics industry. The company employs its extensive experience and infrastructure to deliver integrated solutions across the country.

Ticker

€CTT

Sector

Mobility

Primary listing

XLIS

Employees

11,827

Headquarters

Lisbon, Portugal
Website

CTT Metrics

BasicAdvanced
€980M
20.82
€0.36
0.99
€0.17
2.30%

Bulls say / Bears say

Revenues in 1H 2025 reached €597.3 million, up 13.9% year-on-year, driven by strong growth in Express & Parcels (+28.6%) and Bank & Financial Services (+23.1%), confirming CTT’s diversified expansion strategy (CTT H1 Results Press Release)
Recurring EBIT rose 33.9% year-on-year to €46.9 million in 1H 2025, supported by operational leverage in Express & Parcels and the Cacesa acquisition, showing strong profitability growth (CTT H1 Results Press Release)
CTT cut its share capital by €2.3 million through the cancellation of 4.6 million treasury shares (3.34% of capital), reflecting management’s confidence in the company’s valuation (Reuters)
Net income in Q1 2025 fell 25.9% year-on-year to €5.5 million, impacted by HR restructuring and transaction expenses, highlighting short-term margin pressures (Reuters)
CTT temporarily halted shipments of goods to the US from August 26, which could interrupt cross-border e-commerce and weaken service reliability (Reuters)
Net debt/EBITDA increased to 2.4× by end-H1 2025 (Banco CTT using the equity method), nearing the firm's 2.5× target and putting pressure on financial flexibility amid ongoing acquisitions (CTT H1 Results Press Release)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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