French postal service La Poste reports billion-euro net profit

PARIS (AFP) — The French state-run postal service, La Poste, reported on Thursday a net profit of nearly a billion euros (1.5 billion dollars) and said it would pay a profit-sharing bonus to its employees for the first time.

The company is also to pay 141 million euros, about 15 percent of its net profit, as a dividend to the state.

Net profit totalled 943 million euros, operating profit reached 1.285 billion euros and sales were 20.8 billion euros, the company said.