MaltaPost plc - Interim Directors’ Statement

On 24 July, MaltaPost issued its Interim Directors’ Statement stating that since 1 April 2009 the Group has experienced no material events and transactions which would significantly impact the operational performance of the Company. The Directors explained that the Group has continued to witness encouraging growth in the parcel/packet post business whist simultaneously experiencing a reduction in the traditional postal mail. The Directors explained that all other revenue streams continue to perform as expected whilst the Management is giving great importance on increased efficiency.

The Directors concluded by stating that the financial fundamentals of the Group remain robust and currently do not foresee any occurrences which might prevent the Company from achieving the performance targets which it has set for the financial year ending 30 September 2009.

Comments are closed.