Poste Italiane to register positive 2004 results

Chairman of Italian state-owned postal services company Poste Italiane Enzo Cardi said on January 21, 2005 that the company would post positive results for 2004, in compliance with the forecasts.

Cardi added that the 2004 financial results will be examined by the board of directors soon and they will be quite flattering for the company. He declined to comment on the future privatisation of the company.

The announcement was made during the presentation of a stamp for the 100th aniversary of the Italian vehicle assistance company Automobile Club d’Italia.

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