Identification

Instrument name
CTT CORREIOS DE PORTUGAL SA
Symbol
CTT
ISIN code
PTCTT0AM0001
Exchange / Market
Euronext
Trading location
Lisbon
Products family
Stocks
Capitalization compartment
Compartment B
ICB
Delivery Services
Activity description

'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.


Source: Cofisem

Video of CTT listing on Euronext in Lisbon

Website address
http://www.ctt.pt

Operation

IPO date
Thu 05/12/2013
IPO type
Initial Public offering
Catégorie
IPO
Capital raised
580m€