Annual rank100
Portugal · Industrials
CTT - Correios de Portugal
Postal and logistics group providing courier, urgent-mail and merchandise transport services through its operating companies.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
A 500-year postal network becoming an Iberian commerce platform
CTT has turned Portugal's historic postal infrastructure into a wider physical-digital network for mail, parcels, e-commerce logistics, out-of-home delivery and retail services. Locky, Payshop and Banco CTT remain distinct businesses within the same group. Post offices, agencies, digital tools and parcel technology therefore share reach without becoming one undifferentiated service.
Parcels and Iberian reach
Link the Portuguese postal network to an Iberian parcel operation
CTT's e-commerce Solutions network handled 156.8 million Express & Parcels items across Iberia in 2025. In Portugal, CTT Expresso operates the parcel business; in Spain, its branch operates under the CTT Express brand. With Simplified Returns, merchants can review and approve return requests in a back office, while shoppers generate a code and hand back an order without printing a transport label.
- Read the 2025 integrated report Pages 19, 40 and 69-72: Iberian volumes, network and operating model
- Return an order without a label The official Simplified Returns workflow for online purchases
- Open the results archive Official annual and interim releases behind the Iberian operating record
Lockers and out-of-home delivery
Let the parcel wait where the customer chooses
At the end of 2025, CTT reported about 20,000 attended and unattended pickup and drop-off points across Iberia. The Locky network included 1,320 lockers in Portugal and more than 70 in Spain, with over 150 additional Spanish units contracted. Locky was designed as an operator-neutral network, and CTT's new street units combine a letter box, postal-products vending and a locker for sending or collecting parcels.
- Why Locky is operator-neutral The official launch of a locker network open to any delivery operator
- Open the 24-hour street unit Letter box, postal vending and Locky parcel access in one structure
- See the wider innovation portfolio Lockers, digital journeys and operational technology around the customer
Retail, payments and banking
Use physical reach for services beyond letters and parcels
CTT reported 2,415 access points in 2025, comprising 566 post offices and 1,849 postal agencies. Two separate subsidiaries extend that reach in different directions: Payshop provides payment services through its own agent network and POP online payments; Banco CTT provides banking services and had 707,000 current accounts at year-end. These are group businesses with distinct operators, not features of the parcel subsidiary.
- Map the group companies Official boundaries for CTT Express, CTT Expresso, Locky, Payshop and Banco CTT
- See Payshop Online Payments Payshop references, ATM references, MB Way and card payments
- Check the group's key indicators Official financial and operating measures across the CTT portfolio
Technology and reinvention
Put software, automation and AI behind five centuries of reach
Portugal's first Correio-Mor dates to 1520, but the current operating story is increasingly technological. CTT reports proprietary software, hardware, electronics, mechanics and robotics capabilities. Within e-commerce Solutions, Safeplace reached 45% geographical coverage and Predict kept 70% of deliveries within the scheduled time window in 2025; at CTT Expresso, Tray Vision uses neural networks to verify sorter trays. The 1520 accelerator connects CTT with startups working on real operating challenges.
- Enter the 1520 startup programme How CTT connects startups with corporate operating challenges
- Explore the startup projects Official examples developed through CTT's innovation programme
- Trace five centuries of Portuguese post From the first Correio-Mor in 1520 to CTT's modern network
- Browse CTT results webcasts The issuer's archive of management presentations and discussions
- ▶ VideoWatch the FY2025 strategy discussion Official English conference call on the Iberian platform and next cycle
Official profile sources: CTT · CTT Group companies
Current 2026 update
What has changed in 2026?
Expression of interest announced 21 July 2026 · 21 July 2026
Expression of interest announced 21 July 2026latest official update
4company-specific highlights
−18%2026 stock return · context only
CTT-DHL joint venture
CTT and DHL completed their Iberian e-commerce joint venture, with EUR 64 million of net proceeds to CTT and more than EUR 35 million of expected annual EBIT synergies at a normalised run rate within two to three years.
Banco CTT expression of interest
CTT received an unsolicited, non-binding expression of interest concerning a potential Banco CTT transaction, said it was premature to conclude that it would lead to a process or transaction, and confirmed it had engaged a financial adviser.
Revenue
Reported Q1 revenue increased 14.2% to EUR 329.4 million; pro-forma growth was 4.3%.
Recurring EBIT
Reported Q1 recurring EBIT declined 24.3% to EUR 15.3 million; the decline was 35.3% on the presentation's Cacesa pro-forma basis.
Official 2026 sources: Conclusão da parceria estratégica entre CTT e DHL · 12 May 2026 · CTT informs about having received an unsolicited, non-binding expression of interest in Banco CTT · 21 July 2026 · 1Q26 Results Presentation · 6 May 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 100 | +43% | +39% | +166% |