Q3 2022 CTT Correios de Portugal SA Earnings Call Transcript
Good day, and welcome to the CTT 9 Months 2022 Results Conference Call with João Bento, CEO; and Guy Pacheco, CFO. Today's call is being recorded.
I will now hand the call over to João Bento, CEO. Please go ahead, sir.
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Thank you, Diane. Good morning, everyone. Welcome to our third quarter webcast. I believe we have set of good news today.
Starting with slide -- the first slide, which is Slide #4 with the key takeaways from the quarter. As you've seen, we have a positive revenue trend across all business areas in this quarter with the financial components performing better than we planned, Financial Services & Retail and the bank performing very well. And this positive revenue trend occurs in a challenging economic context, reason why we value that even more. And the result is that we have a third quarter recurring EBIT of just over EUR 20 million, a significant year-on-year performance growth versus last year.
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