CTT expects 2026 recurring EBIT of EUR 115 million-EUR 125 million

Reuters2026/07/28 19:26

By:Reuters

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CTT narrowed 2026 recurring EBIT guidance to EUR 115-125 million, citing weak visibility in Cacesa customs operations amid regulatory volatility.
New target implies EUR 105-110 million excluding non-CEP e-commerce activities, assuming stable Banco CTT recurring EBIT.
Forecast assumes continued efficiency actions in Mail and Services, restructuring charges of EUR 10-12 million, high-single-digit CEP volume growth.
1H 2026 recurring EBIT fell 12.5% to EUR 41 million on revenue up 12.9% to EUR 674.3 million; net profit dropped 41.6% to EUR 12.9 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTT – Correios de Portugal SA published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CTT expects 2026 recurring EBIT of EUR 115 million-EUR 125 million

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