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Brazil: Correios' EBITDA 2016-2018

The earnings before interest, taxes, depreciation, and amortization (EBITDA) of Brazilian postal services provider Empresa Brasileira de Correios e Telégrafos (ECT) has decreased recently. In 2018, ECT, often referred to as Correios, generated less than 334 million Brazilian reals in EBITDA, down from over 1.07 billion reals recorded a year earlier. That represents an annual decrease of more than 68 percent. Nevertheless, Correios tops a ranking of leading companies in the services industry in Brazil, in terms of net revenue.

EBITDA of Empresa Brasileira de Correios e Telégrafos (ECT) in Brazil from 2016 to 2018

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Source

Release date

May 2019

Region

Brazil

Survey time period

2016 to 2018

Supplementary notes

Numbers have been rounded.

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