Mail volumes falling by 9%, but CTT eyes growth in express
Mail volumes in Portugal fell 9.4% in the first quarter of this year, compared to the same quarter last year, according to regulator Anacom.
Read MoreTag: CTT Correios de Portugal
Correios de Portugal maintains profit, but revenues down 4.2%
CTT Correios de Portugal has recorded a 4.2% drop in its revenues for the full year 2011, as a result of a 6.4% reduction in mail volumes, but remained profitable.
Read MorePortugal opens postal market to full competition
As of today, Portugal has opened its postal market to full competition, a year and four months later than required by the European Union.
Read MoreCTT-Correios de Portugal sees net profit drop
CTT-Correios de Portugal has seen a year-on-year drop in net profit, the company confirmed.
Read MoreCTT to deploy 75 electric vehicles
CTT-Correios de Portugal has marked out plans to introduce 75 electric vehicles for postal deliveries by 2013.
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