CTT-Correios de Portugal SA (STU:C7T)
€ 4.305 0.06 (1.41%) Market Cap: 590.95 Mil Enterprise Value: -1.48 Bil PE Ratio: 11.28 PB Ratio: 2.41 GF Score: 86/100

Half Year 2020 CTT Correios de Portugal SA Earnings Call Transcript

Aug 06, 2020 / 08:00AM GMT
Release Date Price: €2.56 (-1.00%)
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the CTT Second Quarter 2020 Results Call. (Operator Instructions) I must advise you that this conference is being recorded today.

And I would now like to hand the conference over to your first speaker to CEO, Mr. João Bento. Thank you. Please go ahead.

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

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Thank you. Good morning, everyone. Welcome to our first semester webcast. I'm going to take you through the first part of the presentation and then hand over to our CFO, Guy Pacheco.

So main takeaways, we have -- and obviously, it's a very challenging second quarter in which the company's 6-pillar response to the crisis has been proven, in our opinion, rather effective, namely, in which refers to keeping employee and customer safety and ensuring, thus, business continuity; but also in what were our efforts in terms of investing in new B2B and B2C client relationships, namely, in what refers e

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