Added to YB: 2025-09-04
Pitch date: 2025-09-02
TTS.RO [neutral]
TTS (Transport Trade Services) S.A.
+17.15%
current return
Author Info
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Company Info
TTS (Transport Trade Services) S.A. provides freight forwarding services in Romania. The company operates through three segments: Shipping, River Transport, and Port Operations.
Market Cap
RON 995.4M
Pitch Price
RON 4.78
Price Target
N/A
Dividend
2.80%
EV/EBITDA
13.23
P/E
-46.20
EV/Sales
1.92
Sector
Marine Transportation
Category
turnaround
Transport Trade Services (TTS Romania): Cargo rerouting and weak tariffs weigh on results
TTS.RO (quick overview): Q2 revs down mid-teens, swung to loss as Ukrainian ag cargo rerouted from Constanta (down 60% YoY), tariffs pressured by overcapacity. EBITDA fell ~33%, opex cut 10% via salary/maintenance savings insufficient. Mgmt cut FY guidance. Volatility from geopolitics replacing steady ag flows.
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