Pages Jaunes, France Télécom's directories unit, has announced full-year results for 2004, its first full-year earnings release since its flotation in July 2003. Revenue increased 7.3% year-on-year to euro 984.1m ($1.28bn) and net profit rose 25% to euro 228.2m. Revenue from print directory operations increased 4% to euro 618.9m, driven primarily by the group's PagesJaunes directory; online revenue rose 22% to euro 254m, mainly due to an increase in advertising revenue at pagesjaunes.fr. The company is forecasting revenue growth of 5.7% and consolidated EBITDA growth of over 10% in 2005.
Source
http://news.ft.com/cms/s/b26afe56-75bf-11d9-8833-00000e2511c8.html
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