CTT - Correios de Portugal SA has reported its consolidated results for the first half of 2025, showcasing robust financial performance. Revenues reached €597.3 million, marking a 13.9% increase year-on-year. This growth was primarily driven by a significant expansion in the Express & Parcels segment, with revenues rising by 28.6% to €270.6 million. Additional contributions came from Banco CTT and higher public debt placements within Financial Services. Net profit for the period stood at €22.1 million, reflecting an 11.7% increase compared to the same period last year. Logistics revenues totaled €507.0 million, up 12.4% year-on-year, supported by the growth in Express & Parcels. Despite these positive outcomes, there was a slight decrease in Mail & Other revenues, which fell by 1.7% to €236.5 million, largely due to declines in addressed mail, unaddressed advertising mail, and payments. CTT's strong financial performance in the first half of the year underscores the company's continued growth and expansion in key business areas.
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