Edition:
United Kingdom

CTT Correios de Portugal SA (CTT.LS)

CTT.LS on Lisbon Stock Exchange

3.35EUR
4:35pm BST
Change (% chg)

€-0.02 (-0.53%)
Prev Close
€3.37
Open
€3.35
Day's High
€3.41
Day's Low
€3.35
Volume
342,611
Avg. Vol
867,365
52-wk High
€5.25
52-wk Low
€2.68

Latest Key Developments (Source: Significant Developments)

GreenWood Investors Increases Voting Rights in CTT To 5 Pct
Monday, 20 Aug 2018 

Aug 20 (Reuters) - CTT Correios de Portugal SA (CTT) ::SAID ON FRIDAY GREENWOOD INVESTORS LLC NOW HOLDS 5 PERCENT OF VOTING RIGHTS IN CTT VERSUS PREVIOUSLY STATED 2.32 PERCENT.  Full Article

CTT: Greenwood Investors Reaches 2.32 Percent Stake
Wednesday, 27 Jun 2018 

June 27 (Reuters) - CTT Correios de Portugal SA ::GREENWOOD INVESTORS LLC FROM UNITED STATES REACHES 2.32 PERCENT STAKE IN CTT.  Full Article

CTT And Sonae To Create JV And Exploit Business Opportunity In E-Commerce Market
Friday, 15 Jun 2018 

June 15 (Reuters) - CTT Correios de Portugal SA ::SAID ON THURSDAY ENTERED INTO AGREEMENT WITH SONAE SGPS SA TO CREATE JOINT VENTURE TO EXPLOIT BUSINESS OPPORTUNITY IN E-COMMERCE MARKET.SAYS CREATED COMPANY WILL HAVE SONAE (50 PERCENT) AND CTT (50 PERCENT) AS ITS SHAREHOLDERS.IMPLEMENTATION OF PROJECT INVOLVES INVESTMENT OF 10 TO 15 MILLION EUROS IN FIRST TWO YEARS OF OPERATION, EQUALLY SPLIT BETWEEN THE TWO COMPANIES.CREATED E-COMMERCE PLATFORM TO PROVIDE INTEGRATED SERVICES FOR INTERMEDIATION OF COMMERCIAL RELATIONS BETWEEN SELLERS AND CONSUMERS.  Full Article

CTT To Sell Property In Lisbon For 10.3 Mln Euros
Tuesday, 15 May 2018 

May 15 (Reuters) - CTT Correios de Portugal SA ::SAYS SIGNS 10.3 MILLION EURO REAL ESTATE SALE PROMISSORY AGREEMENT FOR PROPERTY IN LISBON.SAYS DEAL WILL REPRESENT PRE-TAX ACCOUNTING GAIN OF APPROXIMATELY 8.5 MILLION EUROS.  Full Article

CTT Sells Real Estate In Lisbon For 16 Mln Euros
Monday, 18 Dec 2017 

Dec 18 (Reuters) - CTT CORREIOS DE PORTUGAL SA ::SELLS REAL ESTATE IN LISBON FOR 16 MILLION EUROS WITH 2 MILLION EURO TAX IMPACT.  Full Article

Allianz Global Investors Decreases Its Voting Rights In CTT To Below 2 Pct
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - CTT CORREIOS DE PORTUGAL SA ::SAYS ALLIANZ GLOBAL INVESTORS REDUCES ITS STAKE IN COMPANY TO 1.85 PERCENT.  Full Article

CTT 9-month recurring EBITDA down 25.1 pct YoY
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - CTT CORREIOS DE PORTUGAL SA :9-MONTH RECURRING EBITDA 68.1 MILLION EUROS VERSUS 91.0 MILLION EUROS YEAR AGO.9-MONTH RECURRING REVENUE 518.0 MILLION EUROS VERSUS 517.1 MILLION EUROS YEAR AGO.9-MONTH REPORTED NET PROFIT 19.5 MILLION EUROS VERSUS 46.0 MILLION EUROS YEAR AGO.NOW EXPECTS TO ACHIEVE RECURRING EBITDA AROUND 20 PERCENT BELOW THE INITIAL FY17 GUIDANCE.GIVEN EBITDA EVOLUTION BOARD INTENDS TO PROPOSE FY17 DIVIDEND OF ABOUT 0.38 EURO/SHARE, PAYABLE IN 2018.9-MONTH FINANCIAL SERVICES REVENUE 48.2 MILLION EUROS VERSUS 53.4 MILLION EUROS YEAR AGO.  Full Article

CTT and Brazil's ECT sign deals to improve express mail products
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - CTT CORREIOS DE PORTUGAL SA ::SIGNS DEALS WITH BRAZILIAN POSTAL SERVICES OPERATOR (ECT) TO IMPROVE EFFICIENCY OF EXPRESS MAIL PRODUCTS.  Full Article

BRIEF-CTT And Sonae To Create JV And Exploit Business Opportunity In E-Commerce Market

* SAID ON THURSDAY ENTERED INTO AGREEMENT WITH SONAE SGPS SA TO CREATE JOINT VENTURE TO EXPLOIT BUSINESS OPPORTUNITY IN E-COMMERCE MARKET