UPDATE 2-Bpost lags Q1 profit forecast, to update outlook after May talks

Belgian postal operator Bpost missed first-quarter profit expectations on Friday and said its full-year outlook was "pending", as it hopes to conclude talks over the delivery of French-language newspapers by the end of May. Bpost's shares were down 2.3% at 1137 GMT. Last week, Bpost signed a delivery agreement with Flemish newspaper publishers, covering around 75% of the volumes it currently delivers.