France’s La Poste sees sales up 3 pct in 2005 on like-for-like basis

The French state-owned post office operator, La Poste, expects sales to rise 3 pct in 2005 on a like-for-like basis, according to the provisional budget approved by the board.

It foresees an operating profit margin of 3 pct in 2005, up from the 2 pct margin expected in 2004, and said it will earmark 982 mln eur for internal spending.

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