Half Year 2023 CTT Correios de Portugal SA Earnings Call Transcript

Jul 28, 2023 / 08:00AM GMT
Operator

Good day, and welcome to CTT First Half 2023 Results Call. My name is Priscila, and I'll be your coordinator for today's event. (Operator Instructions)

I will now hand it over to your host, Mr. Joao Bento, the CEO; Mr. Guy Pacheco, the CFO, to begin today's conference. Please go ahead, sir. Thank you.

João Afonso Ramalho Sopas Pereira Bento - CTT - Correios De Portugal, S.A. - CEO & Executive Director

Thank you, Priscila. Good morning, everyone. Welcome to our first half webcast where we are talking about the great quarter with all business areas performing very well. And I would emphasize the performance of Express & Parcels that through a robust growth in volumes, revenues and profitability, somehow renders the right results given the capacity investments that we have. This is indeed for Express & Parcels a record setting quarter.

If you follow me on the left-hand side of Slide #4, we start exactly with parcels. On Iberia, strong volume rebound across our E&P platform, driving revenues and profitable growth

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot