UPDATE 1-Toll-road firm APRR 2004 net profit rises 45 pct

Newswire

(Adds detail from statement, background, share price) PARIS, March 24 (Reuters) - Autoroutes Paris Rhin Rhone posted a 45 percent rise in net profit on Thursday in the first set of results for Europe's third-largest toll-road operator since its part-privatisation in November. The French company, which runs a network of toll-roads in central and eastern France, said it made a net profit of 148 million euros ($192.2 million) as financial expenses fell 11.3 percent following a drop in debt. ...

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