CTT closes an eventful 2014, year of transition to full private ownership, reporting a strong set of results delivering on the promise from the IPO. CTT achieved a strong growth in recurring EBITDA to €135.1m (+9.9%) and in Net profit to €77.2m (+26.5% vis-à-vis €61.0m in 2013).
These results were essentially driven by the growth in revenues to €718.8m (+2.0%) – reversing 5 consecutive years of revenue decline, cost control initiatives and the implementation of structural changes that have allowed to maximise the company’s efficiency, flexibility and sustainability.
By continuing to browse or by clicking “Accept All Cookies,” you agree to the storing of first- and third-party cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookie info
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site.
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites.