CTT - Correios de Portugal SA 2014 AR2
The report highlights CTT's first full year as a private and listed company in 2014, achieving a 26.5% increase in net profit to €77.2 million and reversing five consecutive years of revenue decline with a 2.0% growth in revenues to €718.8 million. Key milestones included the successful completion of the company's privatization, the approval to launch the Postal Bank, and a new partnership with BNP Paribas for consumer credit. In sustainability, CTT was recognized by the International Post Corporation as the global postal operator with the largest carbon footprint reduction over the last five years, achieving a 51% reduction.
Company: CTT - Correios de Portugal SA
Sector: Transport & logistics
Country: Portugal
Year: 2014
Type: AR2
Pages: 371
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CTT - Correios de Portugal SA
Annual Report
The report highlights CTT's first full year as a private and listed company in 2014, achieving a 26.5% increase in net profit to €77.2 million and reversing five consecutive years of revenue decline with a 2.0% growth in revenues to €718.8 million. Key milestones included the successful completion of the company's privatization, the approval to launch the Postal Bank, and a new partnership with BNP Paribas for consumer credit. In sustainability, CTT was recognized by the International Post Corporation as the global postal operator with the largest carbon footprint reduction over the last five years, achieving a 51% reduction.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women in Management
Workplace Fatalities
Employees