Poste Q1 net profit up 16%

(ANSA) - ROME, MAY 15 - Poste Italiane post-office company on Wednesday posted first quarter net profits 16% up at 501 million euro.
    Its Q1 revenues were 6.1% up at 3.05 billion compared to the same period last year.
    The company emphasised the "substantial growth in operating profit in Q1 2024, up 14% year-on-year to 706 million, thanks to the diversified business model.
    "It has been a very positive start to the year," commented CEO Matteo De Fante.
    "These results demonstrate how we are implementing our plan rigorously, with a continuous focus on achieving commercial results and rationalising costs.
    "Commercial trends have been favourable in all areas". (ANSA).