About CTT
CTT is a company based in Lisbon (Portugal) founded in 1520. It operates as a Managed Services, and Direct-to-Consumer (D2C). The company has 13,590 employees as of December 31, 2024. CTT has completed 1 acquisition, including Cacesa. CTT offers products and services including Express Mail, Personalized Stamps, and Banking Services.
- Headquarter Lisbon, Portugal
- Employees 13590 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Ctt - Correios De Portugal Sa
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Annual Revenue
$1.14 B (USD)12.51as on Dec 31, 2024
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Net Profit
$47.31 M (USD)-24.75as on Dec 31, 2024
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EBITDA
$166.66 M (USD)-8.11as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
13590
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of CTT
CTT is a publicly listed company on the EURONEXT with ticker symbol CTT in Portugal, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of CTT
CTT offers a comprehensive portfolio of products and services, including Express Mail, Personalized Stamps, and Banking Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Express mail services are provided for urgent deliveries.
Customized stamps are offered for personal or business use.
Banking solutions are provided through Banco CTT platform.
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Funding Insights of CTT
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Grant - CTT | Valuation |
investors |
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| Feb, 2017 | Amount | Grant - CTT | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - CTT | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CTT
CTT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CTT
CTT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cacesa. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Logistics and cargo transportation services are provided across Spain.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CTT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ctt Comparisons
Competitors of CTT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ctt
Frequently Asked Questions about CTT
When was CTT founded?
CTT was founded in 1520 and raised its 1st funding round 495 years after it was founded.
Where is CTT located?
CTT is headquartered in Lisbon, Portugal.
How many employees does CTT have?
As of Dec 31, 2024, the latest employee count at CTT is 13,590.
What is the annual revenue of CTT?
Annual revenue of CTT is $1.14B as on Dec 31, 2024.
What does CTT do?
CTT, known as Correios de Portugal, is engaged in providing comprehensive postal and courier services across Portugal. The company offers a range of solutions including express mail, personalized postal products, and digital mailbox services through ViaCTT. Additionally, financial services are facilitated via Banco CTT, covering savings, insurance, and health plans. The company also supports e-commerce through innovative delivery options like self-service shipments and Locky lockers. Operations are extended to various sectors including philately, payments, and security alarms in collaboration with Prosegur.
What products or services does CTT offer?
CTT offers Express Mail, Personalized Stamps, and Banking Services.
Is CTT publicly traded?
Yes, CTT is publicly traded on EURONEXT under the ticker symbol CTT.
How many acquisitions has CTT made?
CTT has made 1 acquisition, including Cacesa.
Who are CTT's investors?
CTT has 1 investor. Key investors include European Union.
What is CTT's ticker symbol?
The ticker symbol of CTT is CTT on EURONEXT.