Italy's Poste says 2020 outlook uncertain after coronavirus hit
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MILAN (Reuters) - Poste Italiane suspended its outlook for the year after reporting a 29% fall in first-quarter operating profit on Wednesday.The Italian postal service operator, which also has insurance and financial divisions, posted earnings before interest and taxes (EBIT) of 441 million euros (388.82 million pounds), topping an analyst consensus of 407 million euros.Its mail and parcel business was particularly hard hit by the impact of the coronavirus as a rise in parcel revenue did not..