Poste Italiane on target to hit profit in 2002
Post Italiane is on course to break even in 2002 vowed its managing director after its operating losses for the first half of 2001 showed they were down some 72 per cent on the same period last year.
The post reported net operating losses of Euro44 million in the first half of 2001, 72 per cent less compared to the same period of 2000.
“With an improvment of Euro 124 million compared to the same period for 2000, the net operating profit of Euro 115 million is a substantial step towards overall economic stability,” said the company report.
