Brief: CTT Q2 Net Profit At €8.4 Mln
BRIEF-CTT Q2 Net Profit At €8.4 Mln July 29 (Reuters) - CTT - Correios de Portugal SA CTT.LS:
SAID ON TUESDAY Q2 NET PROFIT €8.4 MILLION
Q2 REVENUE €345.0 MILLION
Q2 EBITDA €47.3 MILLION
CUSTOMS-CLEARANCE VISIBILITY REMAINS TEMPORARILY REDUCED, WITH CACESA AFFECTED BY REGULATORY CHANGES AND SHORT-TERM VOLATILITY IN CROSS-BORDER FLOWS
SEES CONSOLIDATED RECURRING EBIT OF €115-125 MILLION IN 2026
SEES 2026 RECURRING EBIT OF €105-110 MILLION, EXCLUDING NON-CEP E-COMMERCE SOLUTIONS ACTIVITIES
EXCLUDING BANCO CTT AND NON-CEP E-COMMERCE ACTIVITIES, RECURRING EBIT EXPECTED TO GROW BY AROUND 12-18%, SUBJECT TO CEP VOLUMES GROWING AT LEAST HIGH SINGLE DIGIT IN FY26
SEES AT LEAST MID-TO-HIGH SINGLE-DIGIT CEP VOLUME GROWTH IN 2H26
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