CTTOF News and Press, CTT Correios de Portugal S.A. From 03/03/25

2025-03-03 08:00:00 ET Summary Our SPV investment in Correios de Portugal (CTT) highlights Steven Wood's exceptional ability to transform a 500-year-old business through strategic initiatives and relationship-building. CTTPY's transformation includes renegotiating mail contracts, ...

2025-03-03 03:25:00 ET Summary The Greenhaven Road Capital Partners Fund returned approximately 10% in Q4, bringing year-to-date returns to 23%, thanks to selective investments and strategic SPVs. Our investment in CTT, a 500-year-old Portuguese postal service, exemplifies our str...

2025-01-29 21:15:00 ET Summary Investors often miss the cumulative impact of small changes; it's crucial to frequently re-evaluate investment theses objectively. CTT has transformed significantly, with its express and parcels business gaining market share, cutting costs, and impro...

2025-01-15 08:00:00 ET Summary Our first two co-investment funds delivered impressive returns, with CTT and Leonardo generating 60.7% and 75.8% total shareholder returns, respectively. Leonardo's CEO Roberto Cingolani, an outsider to public company culture, has implemented a new p...

2025-01-15 08:00:00 ET Summary CTT's strategic focus on the under-penetrated Iberian e-commerce market has driven significant market share growth and improved margins, especially in Spain. The partnership with DHL and the acquisition of Cacesa have enhanced CTT's competitive edge ...