Correos with higher profits in 2007
The Spanish post operator Correos increased profits last year by 5.2 pct and is extending its portfolio with an upgraded parcel service. Correos closed 2007 with a pre-tax profit of EUR 149.6 million, a rise of 5.2 pct on the previous year. Revenues were up by 4.4 pct to EUR 2.1 billion.