Good News, Philatelic News from Angola!

The CTT go to invest 1,43 million dollar in Angola in the express launching of operations of orders, among others services, in a partnership with the Post offices of Angola, announced the president of the Portuguese company. According to Estanislau Coast, the preparation of the operation in Angola elapses has one year and will have to be concluded before the 2009 end. In the partnership with the Post offices of Angola, CTT Correios de Portugal, SA goes withholds a 50% position, according to source. In the scope of the strategy of internationalization of the CTT, according to Estanislau Coast, also they will be invested a million of euros (1,43 million dollar), in Moçambique. Spain also is part of projecto of internationalization of company Portuguese, that is to evaluate the acquisition of companies, in the country of the Iberia peninsula, since the area of documents until a of the orders that can involve sets of ten of millions of euros, declared the responsible one during the presentation of the results not auditados of the Group of the first semester of this year. Although the postal traffic to have lowered and the results to have slightly retreating, CTT, Correios de Portugal, s.a. had improved the quality of its services and had kept rendibilidade, results according to presented. The consolidated liquid result of 31,0 million euros, less 2% of what in the homologous period of 2008, it provided to a liquid edge of 7,5% and a rendibilidade of the anualizado proper capital of 27, 2%. The rude edge of exploration (EBITDA) of 14% placed it the level of 1º semester of 2008 and the operational edge (EBIT) reached about 10%. According to Advice of administration of the CTT, the expectável superior postal traffic in addition to the foreseen one, compelled to appositive a very strong one in efficiency terms that if translated the reduction of the costs of exploration of 3% to the level of the jib registado in the advantages. In result of the adverse conjuncture, the postal traffic withdrew 4.4% to previous the homologous period relatively. To preserve the confidence of the customers the quality of service was privileged whose global pointer registou in the end of the first semester of this year the most raised level of always, according to source. The Global pointer of quality of service, whose objectivo is 100 in the Covenant of Quality, registou a performance of 240,8 in the end of the first semester of this year, having been of 188,2 in 2008. The attribution of 46,5 million euros for shares, ratio correspondent to one “pay out” of 80%, was determined in the annual assembly-generality of 30 of approved April last e a distribution of results of 4 million Euros for the workers. The paid shares in last the three years represent a return for the corresponding shareholder 148.3% of the capital stock. Source: Manuel Nunes/O Country





Happy Postcrossing!