Neopost publishes annual results
Neopost, the European leader and number two world-wide supplier of mailing solutions, today announced record growth in sales and profitability in its 2002 financial year (ended 31 January 2003). The year was a busy one on the acquisitions front, with the completion of the Ascom Hasler and Stielow deals. These gave Neopost a new dimension with boosted sales to more than E800m on a pro-forma basis. Sales growth came with a surge in profitability, with EBIT up 60% and net income up 83%.
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