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
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Half Year 2021 CTT Correios de Portugal SA Earnings Call Transcript

Aug 06, 2021 / 08:00AM GMT
Release Date Price: €4.9 (+9.08%)
Operator

Good day, and thank you for standing by. Welcome to the CTT First Half 2021 Results Call hosted by Mr. Joao Bento, CEO; and by Mr. Guy de Pacheco, CFO. (Operator Instructions) I must advise you that this conference is being recorded today on Friday, the 6th of August 2021.

And I would now like to hand the conference over to your speaker today, Mr. Joao Bento. Please go ahead.

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

£ -

Thank you. Good morning, and welcome to our results webcast. Well, following the presentation on Slide #4, which is actually the first slide. Well, with the key takeaways, we believe in the quarter that keeps CCT aligned with the transformation part that we have devised with solid revenue growth and improved profitability on back of, well, the initiatives that we have launched quite some time ago, including (inaudible). Investment in digital transformation and e-commerce have proven to enable to drive the growth of the e-commerce ecosystem, and therefore,

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