UPDATE 1-Exel confident of meeting 2002 f'casts

Newswire

(Adds details, CEO comments, share price) LONDON, July 29 (Reuters) - Logistics company Exel Plc reported a 13 percent jump in first-half profit on Monday and said it was on course to meet market expectations for the year provided trading conditions did not worsen. Shares in Exel, which stores and transports goods for firms like Selfridges and Safeway, initially rallied 2.5 percent but then eased to 719 pence, down 0.35 percent. "Notwithstanding the current financial impact of the ...

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