CTT-Correios de Portugal SA (OTCPK:CTTPY)
$ 8.015 0 (0%) Market Cap: 545.66 Mil Enterprise Value: -1.60 Bil PE Ratio: 12.12 PB Ratio: 2.59 GF Score: 88/100

Half Year 2019 CTT Correios de Portugal SA Earnings Call Transcript

Jul 26, 2019 / 08:00AM GMT
Release Date Price: $4.75
Operator

Good morning, ladies and gentlemen. Thank you for standing by, and welcome to today's CTT First Half 2019 Results. (Operator Instructions) I must advise you that this conference is being recorded today, Friday, the 26th of July 2019.

And I would now like to hand the conference over to your speaker today, Mr. João Bento, CEO. Please go ahead, sir.

JoÃ;o Afonso Ramalho Sopas Pereira Bento
CTT - Correios De Portugal, S.A. - Executive Director & CEO

£ -

Thank you. Good morning, everyone. I'll join you through the highlights part of the presentation, and then hand over to Guy Pacheco, our CFO.

So on Page 4, I'll go through the main highlights, milestones for this half of '19. On the 15th of March, as you know, we have published quality indicators for 2018, which exhibited a 40% improvement over the previous year. With the overall quality indicator scoring 155. Then on March, we have -- we had a soft launch for our initiative with our partner, Sonae, Dott, which we hope and we aim will be the major marketplace in Portugal, which

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