CTT-Correios de Portugal SA (FRA:C7T)
€ 5.12 0 (0%) Market Cap: 733.92 Mil Enterprise Value: -1.33 Bil PE Ratio: 13.76 PB Ratio: 2.94 GF Score: 93/100

Q1 2022 CTT Correios de Portugal SA Earnings Call Transcript

May 06, 2022 / 08:00AM GMT
Release Date Price: €4.3 (-2.69%)
Operator

Good day and thank you for standing by. Welcome to the CTT First Quarter 2022 Results Webcast and Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

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

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

£ -

Thank you. Good morning, everyone. Welcome to our results presentation webcast. I would invite you to follow me through the presentation. So moving to Slide 4, which is in fact the first slide. Our key takeaways for the quarter are that we have what we call a transitory slowdown in E&P and also the impact of investments in capacity to enable foreseen growth that have impacted the quarter results. On Mail, we've seen revenues penalized by a slowdown in e-commerce and adverse evolution of the mix of Mail. And in spite of that, the earnings momentum is improving following regulated price increase as we're going to

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot