CTT cuts 2026 recurring EBIT outlook as customs exemption end disrupts cross-border volumes
- CTT cut 2026 recurring EBIT guidance to about €80 million-€85 million as the end of the customs de minimis exemption disrupted cross-border e-commerce.
- Third-quarter parcel volumes from major non-EU cross-border clients fell 43% year over year, exceeding expectations.
- Recurring EBIT dropped 34.5% on a pro forma basis to €17.8 million, reflecting capacity investments and higher delivery costs.
- Recovery measures include workforce reductions, customs location closures and a shift toward Iberian and intra-European flows.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTT – Correios de Portugal SA published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.