Ctt Correios Portgl Sa (CTTOF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to our first SESA results presentation. I'd like to invite you to follow us starting in slide number four, where you can see accelerating organic growth with revenues growing 11%, recurring EBIT growing 28% if we account for a similar perimeter. But given that we are now accounting two months of CASEZA, revenue grew 18.3% and EBIT grew an impressive almost, sorry, 47% year on year. And talking about the contribution of CASEZA, I would invite you to move to slide number five. where we have an outlook of CASEZA. On the left-hand side, nothing new, just to highlight that CASEZA has been growing significantly in the last two years, and it will keep growing this year based mostly on its customs clearance activity. But looking at the right-hand side of the slide, I'd like to refer to what I would call, I would say extremely successful integration. going along a number of tasks that we are following in a very structured way. We have unified sales strategy to leverage cross-selling between CASEZA and TD Express, given that this is an activity that we were already developing before the acquisition of CASEZA. We have also aligned end-to-end logistics, including route optimization and standardization of services between both networks. And of course, all the support functions, finance, accounting, planning, and control have been already migrated to CTT with the new governments in place, including a new board of directors. So we continue to focus on the integration of Casioza in the CTD universe to ensure a smooth and efficient transition. And we have started already seeing the results in this quarter. Moving to the next slide, slide number six. we highlight this positive outlook for growth. We've been growing our parcels volumes with a peculiar qu...