Ctt - Correios De Portugal Sa · EURONEXT:CTT
Ctt - Correios De Portugal Sa — CTT – Correios de Portugal — FY2025 Earnings Presentation
15 slides from Ctt - Correios De Portugal Sa's earnings presentation, Mar 18, 2026
Slide 1: FY25 Presentation - Appendix
FY25 PRESENTATION - APPENDIX 18 MARCH 2026 1
Slide 2: Disclaimer
Disclaimer DISCLAIMER FORWARD-LOOKING STATEMENTS This document has been prepared by CTT – Correios de Portugal, S.A. (the “Company” or “CTT”) exclusively for This presentation contains forward-looking statements. All the statements herein which are not historical use during the presentation of the f
Slide 3: Appendix
Appendix FY25 PRESENTATION - APPENDIX 3 3
Slide 4: Solid balance sheet
Solid balance sheet Balance sheet – 31 December 2025 € million; % change vs. 31 Dec. 2024 I Fixed tangible assets II Net employee benefits 6,228.8 6,228.8 Fixed 367.2 323.2 Equity (+4.8%) (+) Rights of use (leases) 169.7 (+) Employee benefits (liabilities)* 196.4 tangible (+8.4%) I assets (+) Other
Slide 5: Continued growth in 4Q25 e-commerce Solutions' volumes
Continued growth in 4Q25 e-commerce Solutions’ volumes e-commerce Solutions – Revenues FY25 EBITDA2 Recurring EBIT3 € million; y.o.y. € million; y.o.y. € million; y.o.y. Cacesa1 Reported +14.3% +12.3% 79.2 56.3 e-commerce Solutions 626.3 (+33.7%) 69.3 50.1 o.w. CEP 524.4 (+15.5%) +47.7% +55.5% 15.7
Slide 6: Mail & Services revenues reflecting savings placements' increase
Mail & Services revenues reflecting savings placements’ increase Mail & Services - Revenues FY25 EBITDA1 Recurring EBIT2 € million; % change vs. prior year € million; % change vs. prior year € million; % change vs. prior year Mail 382.9 (-2.6%) +17.1% +46.3% o.w. Adressed Mail 354.8 (-2.8%) 84.0 32.
Slide 7: Business volumes accelerate in 4Q25 and underpins growth
Business volumes accelerate in 4Q25 and underpins growth Banco CTT - Revenues FY25 EBITDA1 Recurring EBIT2 € million; % change vs. prior year € million; % change vs. prior year € million; % change vs. prior year +11.9% 145.4 7.9 129.9 …by type: Other 2.1 +0.7% Fees & 34.5 35.2 29.8 Cards & Commissio
Slide 8: Solid liquidity position sustained by very granular client deposits
Solid liquidity position sustained by very granular client deposits Banco CTT Consolidated Balance Sheet – FY 2025 € million; % change vs. 31 Dec 2024 I Loans by type II Non-performing exposures 110.5 Other 2.5 0.2% 85.9 5,006 5,006 Other 2.5 Cash & cash 768 (-3.7%) 101.4 Mortgage Auto 76.2 equivale
Slide 9: Clients moving beyond deposits, fueling strong growth in fee-based business
Clients moving beyond deposits, fueling strong growth in fee-based business Customer resources1 Loans volumes2,3 € million, EoP € million, EoP +7.2% +9.7% 4,335 4,044 1,028 938 Deposits Yield4 Yield4 1.1% Auto 6.5% Dec-24 Dec-25 Dec-24 Dec-25 +26.1% +20.3% 1,318 963 Off-balance 1,045 801 Mortgage Yi
Slide 10: Strong capital buffers to support a sustainable growth trajectory
Strong capital buffers to support a sustainable growth trajectory Capital (CET1, TCR)1 MREL %, Fully implemented % RWA, €m 1,130 1,190 26.3 21.2 21.7 24.7 22.1 13.4% TCR 8.6% CET1 Dec-24 Dec-25 Requirements2 Dec-24 Dec-25 Requirements for June 20264 Leverage ratio3 5.4% 5.4% 3.0% as % of LRE 5.6% 6.
Slide 11: Consolidated Income statement
Consolidated Income statement Income statement € million With Banco CTT under Reported equity method FY24 FY25 FY24 FY25 Revenues 1,107.3 1,288.1 984.1 1,148.3 Operating costs 947.0 1,089.7 858.9 985.8 of which Impairments & provisions 15.3 17.9 2.3 0.1 EBITDA 160.3 198.4 125.2 162.6 Depreciation &
Slide 12: Consolidated Balance sheet
Consolidated Balance sheet Balance sheet € million With Banco CTT under Reported equity method 31-Dec-24 31-Dec-25 31-Dec-24 31-Dec-25 Non-current assets 2,519.9 3,403.2 783.1 932.5 Current assets 3,188.9 2,825.6 514.1 624.5 Assets 5,708.8 6,228.8 1,297.2 1,557.1 Equity 308.3 323.2 281.0 294.1 Liabi
Slide 13: Consolidated Cash Flow statement
Consolidated Cash Flow statement With Banco CTT under 0. Reported equity method Cash flow € million FY24 FY25 ∆ 25/24 FY24 FY25 ∆ 25/24 EBITDA 160.3 198.4 38.1 125.2 162.6 37.3 IFRS16 with impact on EBITDA -39.3 -45.4 -6.2 -37.4 -43.3 -5.9 Impairments & provisions 14.3 17.1 2.7 1.3 -0.7 -1.9 Specifi
Slide 14: Specific items
Specific items Specific items € million Reported FY24 FY25 85.1 115.2 Recurring EBIT 11.4 23.0 Specific items including employment contracts 3.2 15.9 Staff costs suspension agreements (+ €12.5m) costs associated with strategic 6.8 8.1 ES&S projects (+€6.3m) 1.4 -1.0 Miscellaneous, including Regulato
Slide 15: Investor Relations
Investor Relations Phone: +351 210 471 087 E-mail: investors@ctt.pt ctt.pt FY25 RESULTS PRESENTATION 18 MARCH 2026 15 15
CTT – Correios de Portugal — FY2025 Earnings Presentation on 6ix