Ctt Correios Portgl Sa (CTTOF) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.053 Hello and welcome to CTT's first of 2026 00:00:05.053 -- 00:00:09.875 results conference call. This event is hosted by Mr. 00:00:09.875 -- 00:00:14.957 Guy Pacheco, CEO of CTT, Mrs. Joana Freitas, CFO 00:00:14.957 -- 00:00:20.720 of CTT, and by Mr. João Sousa, CCO of CTT. 00:00:20.720 -- 00:00:24.401 Please note that this conference is being recorded. 00:00:24.401 -- 00:00:29.369 For the duration of the call, your microphones will be disabled. 00:00:29.369 -- 00:00:34.570 We will have a Q&A session at the end of the presentation and analysts 00:00:34.570 -- 00:00:37.411 will have the opportunity to ask questions. 00:00:37.411 -- 00:00:42.452 To do so, simply click on the button to raise your hands and we will 00:00:42.452 -- 00:00:47.673 give you access to the microphone. If you are dialing from a phone line, press 00:00:47.673 -- 00:00:53.694 star 9 to raise your hands and star 6 to unmute yourself. 00:00:53.694 -- 00:00:59.355 I'll now turn the call over to Mr. Gui Pacheco, our CEO. 00:00:59.400 -- 00:01:05.502 Good morning to you all and welcome to our first half 2026 conference call. 00:01:05.502 -- 00:01:10.744 I would invite you to start in page 4, where we see 00:01:10.744 -- 00:01:16.446 our core business, CEP and mail services continuing to perform strongly, 00:01:16.446 -- 00:01:21.548 with temporary headwinds on Caceda as players anticipate the new 00:01:21.548 -- 00:01:25.609 regulatory context of the minimis. 00:01:25.609 -- 00:01:30.171 We had a very healthy organic growth of 6.3%, 00:01:30.332 -- 00:01:35.454 with strong contribution from our SEP business, also a strong contribution 00:01:35.454 -- 00:01:40.617 from our mail-in services, that is these guys by the effect of elections, 00:01:40.617 -- 00:01:45.740 that...