Belgian La Poste/De Post earn EUR45.5m – Q1 2004

Belgian postal and diversified services group La Poste/De Post earned a consolidated net income of EUR45.5 mln (USD56.5 mln) for the first quarter of 2004, compared to EUR16.2 mln for the first quarter of 2003, the company said in a news release in June 2004. (Note: Unless otherwise stated all the results are for the first quarter of 2004, compared to the previous year’s similar period.) La Poste/De Post earnings before interest and tax totalled EUR539 mln (USD668.95 mln), a year-on-year increase of EUR26 mln (USD32.27 mln). The gross earnings of La Poste/De Post’s subsidiaries totalled EUR0.3 mln (USD0.37 mln).

La Poste/De Post reported that the quality of its priority mail delivery service improved year-on-year to reach a more than 91 pct of customer satisfaction in April 2004.

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