CTT Correios de Portugal SA
CTT CORREIOS DE PORTUGAL SA
Exchange / Market
'CTT - Correios de Portugal is the Portuguese leader in postal services provision. Income (including intragroup) breaks down by activity as follows:
- mail collection and delivery (61.8%): letters, postcards, ads, advertising documents, newspapers, etc.;
- mail and package express transportation services (14.8%): activity ensured in Portugal, Spain and Mozambique;
- financial products and services sale (6.6%): savings accounts, insurance, loans, etc. The group also provides payment solution (Payshop) allowing paying for purchases through the Internet and via certified agents (kiosks, tobacconists, supermarkets, etc.);
- data and document management services (2.6%);
- other (14.2%).
At the end of June of 2012, CTT - Correios de Portugal operated a network of 2,518 postal outlets (including 625 wholly-owned), 3 sorting centers and mail delivery centers.
Initial Public offering