CTT Reports Q3 2026 Results and Revises Full-Year Guidance

11/4/2026
Impact: -65
Real Estate

CTT - Correios de Portugal reported revenue growth of 9.2% in the first nine months of 2026, while recurring EBIT fell 20%. The decline was largely attributed to the end of the de minimis exemption, which hurt its cross-border e-commerce business. CTT revised its full-year recurring EBIT guidance to EUR 80 million–EUR 85 million and said recovery actions are expected to contribute EUR 15 million–EUR 20 million as it targets growth through 2028.

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