On 9 July, MaltaPost plc published its Interim Directors’ Statement reviewing the performance of the postal operator since the financial half year-end on 31 March. The Directors explained that the Company’s performance and trends are in line with those of the comparable period last year. Morevoer the Company continues to focus on improving efficiency and reducing its cost base whilst maintaining its high levels of service. The Directors also stated that the financial fundamentals remain robust.
In conclusion, the Directors commented that they do not forsee any circumstances which will impede MaltaPost from achieving profits for the year ending 30 September 2010 in line with those reported for the previous financial year.