Brief: CTT Says Is Committed To Achieve FY 2020 EBITDA Of 90 Mln Euros

CTT - Correios de Portugal SA

04/11/2020 17:01

Nov 4 (Reuters) - CTT Correios de Portugal SA  CTT.LS :
    * SAYS IS COMMITTED TO ACHIEVE 90 MILLION EUROS OF EBITDA
AND 30
MILLION EUROS OF EBIT IN FY 2020 ASSUMING NO IMPACTS FROM
ANNOUNCED LOCKDOWNS IN PORTUGAL AND SPAIN
    * AMBITION TO ATTAIN LOW SINGLE-DIGIT GROWTH IN FULL-YEAR
REVENUE
    * ADDRESSED MAIL VOLUMES DECLINE 14.2%, EXCLUDING ELECTIONS,
AS
STRUCTURAL PRESSURES ARE EXACERBATED BY COVID-19

Source text: https://bit.ly/32cH9bY
Further company coverage:  CTT.LS 

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