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

Full Year 2023 CTT Correios de Portugal SA Earnings Call Transcript

Mar 20, 2024 / 09:00AM GMT
Release Date Price: $8.02
Operator

Yes, hello, and welcome to the CTT full year 2023 results call. My name is Laura, and I will be your coordinator for today's event. Please note this call is being recorded and for the duration of the call, your lines will be on listen-only. Rob Souza

(Operator Instructions) Today, we have Joao Bento, CEO; and Guy Pacheco, CFO as our presenter. I will now hand you over to your host, Joao Bento, the CEO to begin today's conference. Thank you.

JoÃ;o Afonso Ramalho Sopas Pereira Bento CTT;Correios De Portugal
S.A. - CEO & Executive Director

£- -

Thank you, Laura. Good morning, everyone. Welcome to our 2023 year end results presentation. Well 2023 was another great year for CCT, another growth year with significant contributions from Express & Parcels in the bank as the main contributors for our growth.

And if you join me on page 4 of the presentation, I'll start exactly with Parcels. We have delivered for the first time more than 100 million packages during the year in Portugal and Spain. And we've set a

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