Poste Italiane revenues rise, but net profit down

IMG title=”” alt=”” src=”” IMG class=hide alt=”Poste Italiane revenues rise, but net profit down” src=”” (ANSA) – Rome, March 26- Italian postal service group Poste Italiane announced Wednesday that it made a net profit of 1.005 billion euros for 2013. However, that was considerably lower than the record-breaking 2012 profit of 1.032 billion euros. The post office also reported that total revenues rose to 26 billion euros, compared to last year’s 24 billion euros, due to positive insurance and financial services performances. PAccording to a company statement, operating profit also rose by 1.3% to 1.4 million euros from 2012’s 1.382 million euros./PIMG id=mediaViewer title=”” alt=”” src=””ALL RIGHTS RESERVED

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