Full Year 2018 CTT Correios de Portugal SA Earnings Call Transcript
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's CTT Full Year 2018 Results Conference Call. (Operator Instructions)
I must advise you that your conference is being recorded today on Thursday, the 21st of February 2019.
I would now like to hand the conference over to the company CEO, Francisco de Lacerda. Please go ahead, sir.
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Thank you. Good morning to you all. I'm going through the presentation as usual together with Guy Pacheco, our CFO; and we have Peter Tsvetkov with us and several of our colleagues also. And then, we open to Q&A.
So starting at Slide 4, the main highlights that I wanted to show.
The first message is that we delivered the EBITDA guidance in terms of recurring EBITDA. And that was a result of both revenue growth but also a good control of the cost base because of the positive effects of the transformation plan compensating almost the growth in
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