Q1 2025 CTT Correios de Portugal SA Earnings Call Transcript
Good morning and welcome to CTT first quarter 2025 results conference call. (Operator Instructions)
I will now turn the call over to Mr. Joao Bento CEO.
Thank you. Good morning, everyone. Welcome to our, first quarter results, conference call. If we start with the, if you bear with me in the first slide, which is slide number 4, we believe we have, we had a very decent quarter where a recurring a growth was driven by recovery in financial services.
Indeed in terms of revenue, we've seen growth on all three blocks, the logistics, bank, and financial services. Well, of around 9.5%, while, EBIT grew, almost 20%, a very significant growth, that is, that was not even higher given the impact of the last year's general election. Otherwise, it would have been even more significant.
If we move to analyzing each business line starting in slide number 5, I'm sorry, with the express and parcels, we've seen continued growth in
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