CTT profits rise as CEO João Bento prepares to depart

Wednesday, 18 March 2026AI summary
CTT profits rise as CEO João Bento prepares to depart
Photo: ECO

The national postal service (CTT - Correios de Portugal) reported a net profit of €50.7 million for 2025, an 11.4% increase driven largely by e-commerce and its banking division. The announcement comes as CEO João Bento prepares to leave the company after seven years at the helm. Shareholders should note that the board has proposed a dividend payment of 19 cents per share following the strong financial performance.

Sources (3)

Continue reading