Poste Italiane to focus on services – CEO

Italian state-owned postal services company Poste Italiane SpA plans to focus on services for the future, the CEO of the company, Massimo Sarmi, said on February 22, 2005, at the presentation of the financial accounts for 2004.

In 2004, Poste Italiane registered 64. 4 million mailings of packets and Corriere Espresso (express courier), down by 6. 0 pct for the packets and up by 14. 5 pct for Corriere Espresso, both compared to 2002.

The revenue of the company amounted to over 9. 045 bln euro ($11. 91 bln) in 2004, compared to 7. 756 bln euro ($10. 213 bln), registered in 2002.

The number of current accounts of Italian bank Bancoposta, a unit of Poste Italiane, 4. 2 million, was 4. 2 million, while bank deposits stood at 31. 157 bln euro ($41. 028 bln).

Bancoposta’s on-line current accounts were 350, 000. (ANSA).

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