CTT-Correios de Portugal S.A.
No trades
0.84 USD
49.26 M USD
1.19 B USD
About CTT - Correios de Portugal SA
Sector
Industry
CEO
João Afonso Ramalho Sopas Pereira Bento
Website
Headquarters
Lisbon
Founded
1969
IPO date
Dec 5, 2013
Identifiers
3
ISIN US12650X1054
CTT - Correios de Portugal SA engages in the provision postal and financial services. It operates through the following segments: Mail, Express and Parcels, Financial Services and Retail, and Bank. The Mail segment includes postal financial services and retail products, payments related with collection of invoices and fines, and integrated solutions and tolls. The Express and Parcels segment comprises CTT Expresso, CORRE, and Fundo Inovacao Techtree operations. The Financial Services and Retail segment focuses on the postal financial Services and the sale of products and services in the retail network. The Bank segment manages Banco CTT SA, Payshop, 321 Credito, and CTT's payment business. The company was founded in 1520 and is headquartered in Lisbon, Portugal.
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CTT Portugal Long PositionExpect good Q4 Earnings at 10 March 2021
CTT Portugal went private in the last Government election, sold.
With several problems, the new board had to fire several people and close some Post stations.
Just like every Portuguese Government Company, the hierarchy was full of people doing Nothing and r
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Moving Averages
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