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CTT: Core business growth and e-commerce momentum drive results, despite customs volatility

Strong organic growth in CEP and Mail & Services offset temporary customs headwinds, with robust e-commerce volumes and accelerating financial services. Guidance remains positive, though customs volatility and regulatory risks persist.Based on CTT - Correios de Portugal SA [CTT] Q2 2026 Audio Trans…

Quartr en_IN 29/7/2026, 06:35 pm GMT+8

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CTT: Revenue up 12.9% in 1H26, but net profit down 34.2% amid customs and cost pressures

Revenue grew 12.9% year-over-year in 1H26, led by CEP and Mail & Services, but net profit fell 34.2% due to customs regulatory headwinds and higher costs. Guidance for 2026 remains positive, with efficiency measures and strong cash generation supporting future growth.Original document: CTT - Correi…

Quartr en_IN 29/7/2026, 04:13 am GMT+8

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