CTT profits drop 41.6% in first half of 2026

Tuesday, 28 July 2026AI summary
CTT profits drop 41.6% in first half of 2026
Photo: ECO

The postal company CTT - Correios de Portugal reported a 41.6% decline in profits for the first half of 2026, totaling 12.9 million euros. The drop is attributed to restructuring costs and financial challenges related to international operations, including the Spanish firm Cacesa.