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Italy's Poste says it will miss 2020 goals due to coronavirus

The spread of the coronavirus disease (COVID-19) in Bari
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MILAN (Reuters) - State-controlled Poste Italiane said it would miss its targets 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, recorded earnings before interest and taxes (EBIT) of 441 million euros ($478 million), topping an analyst consensus of 407 million euros.Its..
Date Published: May 13, 2020
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