Latest news and stories about postal services in Portugal for expats and residents.
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.
CTT shareholders approved the appointment of Guy Pacheco as the company's CEO for the 2026-2028 term during a general meeting this Thursday, succeeding João Bento. The company announced the election of the members of the Board of Directors in a statement published on the Securities Market Commission website.
Some of the highlights from the economic sector this week in Portugal
2025 was a year of double-digit revenue and profit growth for CTT, which saw net income rise to 50.7 million euros. João Bento departs after leading the postal service for seven years, leaving the bank growing and the parcel business as the main driver.
CTT's profit rose 11.4% in 2025 compared to the previous year, reaching 50.7 million euros, Correios de Portugal announced today.
