Added to YB: 2025-03-06
Pitch date: 2025-02-28
CTT.LS [bullish]
CTT - Correios De Portugal, S.A.
+7.61%
current return
Author Info
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Company Info
CTT - Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide.
Market Cap
EUR 1.0B
Pitch Price
EUR 6.78
Price Target
21.00 (+188%)
Dividend
2.20%
EV/EBITDA
-4.52
P/E
21.75
EV/Sales
-0.76
Sector
Air Freight and Logistics
Category
turnaround
Greenhaven Road Capital Partners Fund Portfolio Holding: CTT - Correios De Portugal, S.A.
CTT.LS: Portuguese postal co transformation. Mail renegotiated, real estate monetized, banking improved. Q4 2024 pivotal: e-commerce growth, Spanish expansion, DHL JV boosts EBIT. Conservative 2-3x return potential in 2 years. Bank sale & real estate divestment likely. Activist investor Steven Wood key to turnaround.
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