The report highlights the company's performance and commitments to sustainable development. The company expanded its business by 7% compared to the previous year, confirming its growth orientation built on a diversified portfolio that combines mature businesses with others of high growth. The company maintained its recurring EBIT margin of 7.1% (at the same level as the previous year), attesting to the resilience of its business model. CTT's performance continued with new commitments on the environmental and social fronts until 2030, with intermediate goals for 2025 in line with the best practices of the sector.
Issuing Company CTT Correios de Portugal S.A. (Portuguese Post)
Report Type Integrated Report
Report Language EN
Report Filesize 25.12 MB
No. of Pages 567 pages
Reporting periodJanuary 1, 2020-December 31, 2020
Report EditionUnknown
Assurance Provider Ernst & Young Audit & Associados - SROC, SA
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue