CTT-Correios de Portugal SA (GREY:CTTPY)
$ 8.015 0 (0%) Market Cap: 551.67 Mil Enterprise Value: -1.23 Bil PE Ratio: 11.81 PB Ratio: 2.39 GF Score: 89/100
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Q1 2019 CTT Correios de Portugal SA Earnings Call Transcript

Apr 30, 2019 / 08:00AM GMT
Release Date Price: $8
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the CTT First Quarter 2019 Results Conference Call. (Operator Instructions) I must advise you the webcast is being recorded today, Tuesday, 30th of April 2019. I would now like to hand to your presenter today to CEO, Mr. Francisco de Lacerda. Please go ahead, sir.

Francisco JosÃ;Queiroz de Barros de Lacerda
CTT - Correios De Portugal, S.A. - CEO & Vice Chairman

© -

Thank you. Good morning you all. And thank you for coming for the first quarter results presentation of CTT.

So we're using the presentation as usual, starting on Slide 4. The title of this slide is solid operating cash flow generation and resilient revenues in a quarter where expected special factors pressured strongly the volumes evolution. There has been a quarter where we have the same number of working days than last year. So even with the years of change in quarter, nevertheless, in terms of the number of working days is the same, which is important to keep in mind in the -- when thinking about the

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