Analyst Robin Byde said: Royal Mail has made good progress cutting costs, lifting productivity and introducing new products.
Costs Lift pass Up to Christmas, as low as €163 for an adult six-day pass.
New-economy communications and computer technologies are combining with globalisation to bring down costs, lift profits and boost growth.
Oral-care products and lower costs lifted Colgate's results even though falling currencies in Europe and Asia hurt its competitors.
Nonetheless, the company said net profit for this year would exceed last year's despite higher costs, lifted by strong sales.
Fuel costs were up 5.2% to 989 million euro (£841.4 million) and other operating costs lifted 11.1% at 2.82 billion euro (£2.4 billion).
Limitations: With no woods for protection, visibility can soon drop to zero Getting there: Fly to Innsbruck, 45 minutes away Costs: Lift pass: adult from €141 a week, child from €70.50.
Morillon has: 265km of pistes, 69 lifts, highest altitude 2,500m, 20 green runs, 65 blue runs, 50 red runs and 14 black runs It's good for: peace, scenery, value, families, quick transfers Costs: Lift pass adult £185 a week, child £139.
Universal coverage is a worthy goal that, done the right way, would dramatically improve our fiscal situation, help control runaway health-care costs, lift a massive drag from the U.S. economy, and make a lasting humanitarian contribution.
With few flights, each trip costs almost half a billion dollars, and the cost of lifting one pound of payload to orbit is $10,000.
This would avoid the high cost of lifting payloads against Earth's strong gravity.
