Ctt - Correios De Portugal Sa · EURONEXT:CTT

Ctt - Correios De Portugal Sa — CTT – Correios de Portugal — Merger or Acquisition (December 2024)

13 slides from Ctt - Correios De Portugal Sa's merger presentation, Dec 19, 2024

  1. Slide 1: Partnership with DHL for e-commerce in Iberia

    Partnership with DHL for e-commerce in Iberia December 2024

  2. 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 this investor announcemen

  3. Slide 3: Partnering with DHL in Iberia to fuel further growth in e-commerce logistics

    Partnering with DHL in Iberia to fuel further growth in e-commerce logistics TRANSACTION HIGHLIGHTS 1 Transformational milestone in becoming a full-fledged e-commerce logistics player • JV with aiming to lead last mile in Iberia with more than €1.25Bi in revenues (2024E) and daily capacity of >1m sh

  4. Slide 4: Complementary and synergic business models to underpin profitability

    Complementary and synergic business models to underpin profitability BUSINESS OVERVIEW CTT Expresso DHL Parcel Portugal DHL Parcel Iberia (Spain)

  5. Slide 5: Partnership structure to maximise focus on execution

    Partnership structure to maximise focus on execution TRANSACTION STRUCTURE Structure ▪ Acquisition of 100% of DHL Parcel Portugal by CTT Expresso ▪ Acquisition of 25% indirect stake in DHL Parcel Iberia by CTT, through its sole shareholder Danzas ▪ Acquisition of 25% of CTT Expresso by DHL group CTT

  6. Slide 6: Creating the most comprehensive pick-up and delivery network in Iberia

    Creating the most comprehensive pick-up and delivery network in Iberia STRATEGIC RATIONALE Value levers ✓ Leverage inbound flows combining DHL’s cross border expertise with CTT’s wide Iberian e-commerce last mile network ✓ Increase share in the outbound flows using DHL international network Cross bo

  7. Slide 7: Iberian e-commerce is a sizeable market with high growth potential

    Iberian e-commerce is a sizeable market with high growth potential STRATEGIC RATIONALE Iberia is the 4th largest e-commerce market in Europe1 … but e-commerce2 penetration is still low, 2023 e-commerce share of total retail, % Portugal 7.5 3.0x € billion Romania 9.3 22.5 147.8 Italy 10.0 average of

  8. Slide 8: Doubling the market opportunity with access to new cross-border flows

    Doubling the market opportunity with access to new cross-border flows STRATEGIC RATIONALE On top of Asia to Europe (19% of total) Intra-Europe is one of the largest flows (17%) Potential growth in US to Europe (2%) Source: “IPC global e-commerce supply chain study 2023” – January 2024; McKinsey anal

  9. Slide 9: New cross border opportunity to be a key growth driver

    New cross border opportunity to be a key growth driver STRATEGIC RATIONALE E-commerce volumes in Europe E-commerce as % of total retail sales Cross border as % of total e-commerce Revenues; € billions +15pp +9% CAGR +4pp +6pp +7pp 930 8 11 71 42 +12% 35 56 602 539 4 5 2023 2024 2029 2019 2022 2019 2

  10. Slide 10: Competitive last mile operation with Tier1 brand; operating efficiency with global footprint

    Competitive last mile operation with Tier1 brand STRATEGIC RATIONALE Operating efficiency combined with global footprint

  11. Slide 11: Iberian JV fully equipped to provide exceptional quality service

    Iberian JV fully equipped to provide exceptional quality service JV ASSETS1 1As of FY23

  12. Slide 12: Generate synergies and pursue Iberian e-commerce growth opportunities

    Generate synergies and pursue Iberian e-commerce growth opportunities KEY TAKEAWAYS Diversification towards B2B business Access to additional cross-border import and export flows Opportunity to attract larger accounts in Spain due to stronger brand recognition Full suite intercontinental offer Relev

  13. Slide 13: We make our path fully committed to deliver

    Investor Relations Phone: +351 210 471 087 E-mail: investors@ctt.pt ctt.pt We make our path fully committed to deliver ctt.pt

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