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CTT Correios de Portugal SA (CTT.LS)

CTT.LS on Lisbon Stock Exchange

2.18EUR
17 May 2019
Change (% chg)

€-0.03 (-1.36%)
Prev Close
€2.21
Open
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€2.23
Day's Low
€2.15
Volume
691,241
Avg. Vol
512,175
52-wk High
€3.64
52-wk Low
€2.15

Latest Key Developments (Source: Significant Developments)

CTT Net Profit Down At 3.7 Mln Euros YoY
Monday, 29 Apr 2019 

April 29 (Reuters) - CTT Correios de Portugal SA ::PORTUGAL'S CTT SAYS Q1 NET PROFIT 3.7 MILLION EUROS VS 5.9 MILLION EUROS YEAR AGO.PORTUGAL'S CTT SAYS Q1 REVENUE 176.9 MILLION EUROS VS 176.9 MILLION EUROS REPORTED YEAR AGO.PORTUGAL'S CTT SAYS Q1 EBITDA 21.0 MILLION EUROS VS 22.7 MILLION EUROS REPORTED YEAR AGO.  Full Article

CTT FY Reported Net Profit Falls 28 Pct YoY
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - CTT Correios de Portugal SA ::FY RECURRING REVENUE 708.0 MILLION EUROS VERSUS 697.9 MILLION EUROS YEAR AGO.FY RECURRING EBITDA 90.4 MILLION EUROS VERSUS 89.9 MILLION EUROS YEAR AGO.FY RECURRING NET PROFIT 30.8 MILLION EUROS VERSUS 35.7 MILLION EUROS YEAR AGO.FY REPORTED NET PROFIT 19.6 MILLION EUROS VERSUS 27.3 MILLION EUROS YEAR AGO.FY ADDRESSED MAIL VOLUME DOWN 7.6 PERCENT VERSUS YEAR AGO.SEES 2019 INCREASE IN REVENUES, SUPPORTED BY ORGANIC AND INORGANIC IMPACTS IN THE GROWTH LEVERS.SEES 2019 DECLINE IN ADDRESSED MAIL VOLUMES IN RANGE OF DOWN 6 PERCENT - 8 PERCENT.REAFFIRMS FOR 2019 ADDITIONAL 15 MILLION EUROS OF REC. OP. COST SAVINGS, NET NON-RECURRING ITEMS AT 15 MILLION EUROS.SEES 2019 GROWTH IN ORGANIC RECURRING EBITDA, SEES 55 MILLION EUROS IN CAPEX.  Full Article

CTT Sells Real Estate Property In Lisbon With Pre-Tax Accounting Gain Of 8.5 Mln Euros
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - CTT Correios de Portugal SA ::SELLS REAL ESTATE PROPERTY IN LISBON WITH PRE-TAX ACCOUNTING GAIN OF 8.5 MILLION EUROS AND TAX IMPACT OF 1.1 MILLION EUROS.  Full Article

Portugal's Postal Service CTT 9-Month Net Profit Down 49.3 Pct YoY
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - CTT Correios de Portugal SA ::9-MONTH NET PROFIT 9.9 MILLION EUROS VERSUS 19.5 MILLION EUROS YEAR AGO.9-MONTH RECURRING EBITDA 65.0 MILLION EUROS VERSUS 68.1 MILLION EUROS YEAR AGO.9-MONTH RECURRING REVENUE 524.8 MILLION EUROS VERSUS 518.0 MILLION EUROS YEAR AGO.  Full Article

CTT Buys 321 Credito For 100 Mln Euros
Tuesday, 24 Jul 2018 

July 24 (Reuters) - CTT Correios de Portugal SA ::BUYS 100 PERCENT OF 321 CREDITO FOR 100 MILLION EUROS.TO BUY 321 CREDITO FOR CASH PAYABLE AT COMPLETION.SAYS EXPECTS THE ACQUISITION TO BE CONCLUDED DURING Q1 2019.SAYS 321 CREDITO EXPECTS TO REACH NET PROFIT OF 9 MILLION EUROS BY YEAR END.SAYS ACQUISITION TO ALLOW OPTIMISATION OF BANCO CTT LOAN-TO-DEPOSIT RATIO FROM 20 PERCENT TO OVER 60 PERCENT.  Full Article

BNP Paribas Asset Managament Decreases Its Voting Rights In CTT To 1.96 Pct
Friday, 16 Mar 2018 

March 16 (Reuters) - CTT CORREIOS DA PORTUGAL SA ::SAYS BNP PARIBAS ASSET MANAGAMENT NOW HOLDS 1.96 PERCENT OF VOTING RIGHTS IN CTT VERSUS PREVIOUSLY STATED 4.85 PERCENT.  Full Article

CTT Informs About Spanish Competition Regulator's Decision On Unit Tourline
Monday, 12 Mar 2018 

March 12 (Reuters) - CTT CORREIOS DE PORTUGAL SA (CTT) ::SAID ON FRIDAY ITS UNIT TOURLINE EXPRESS MENSAJERIA SLU WAS NOTIFIED OF SPANISH COMPETITION REGULATOR'S DECISION TO IMPOSE ON IT A 3.1 MILLION EURO FINE.FINE IN THE CONTEXT OF PROCEEDINGS AGAINST 10 COMPANIES OPERATING IN THE EXPRESS AND PARCELS MARKET IN SPAIN nFWN1QR0FH.FINE IMPOSED FOR ALLEGED CARTEL PRACTICE WITH ICS INTERNATIONAL COURIER SOLUTIONS SL BETWEEN OCTOBER 2013 AND APRIL 2016.TOURLINE CONSIDERS THE DECISION UNFOUNDED AND WILL APPEAL TO THE COMPETENT COURT.  Full Article

CTT FY Reported Net Profit Down 56.1 Pct At 27.3 Mln Euros YoY
Wednesday, 7 Mar 2018 

March 7 (Reuters) - CTT CORREIOS DE PORTUGAL SA ::FY REPORTED NET PROFIT 27.3 MILLION EUROS VERSUS 62.2 MILLION EUROS YEAR AGO.FY RECURRING EBITDA 89.9 MILLION EUROS VERSUS 119.5 MILLION EUROS YEAR AGO.FY RECURRING REVENUE 697.9 MILLION EUROS VERSUS 695.1 MILLION EUROS YEAR AGO.SETS GOAL FOR SLIGHT GROWTH IN REVENUES AND STABLE RECURRING EBITDA LEVELS IN 2018‍​.SAYS DECLINE IN ADDRESSED MAIL VOLUMES EXPECTED TO BE IN -5 PERCENT TO -6 PERCENT RANGE IN 2018‍​.SEES OPERATIONAL TRANSFORMATION PLAN INITIATIVES WITH ESTIMATED C. 20 MILLION EURO IMPACT ON NON-RECURRING OPERATING COSTS IN 2018.PROPOSES DIVIDEND OF €0.38 PER SHARE FOR FY17, PAYABLE IN MAY 18‍​.SEES 35 MILLION EUROS OF CAPEX, PART OF WHICH RELATED TO OPERATIONAL TRANSFORMATION PLAN.  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