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Deutsche Post DHL boosts revenues and earnings in Q2

Deutsche Post DHL, the world's leading postal and logistics group, boosted revenues in the second quarter of 2014 and generated a strong increase in profitability.

Between April and June, revenues totaled EUR 13.7 billion, nearly 1 percent above the previous year's level. Adjusted for negative exchange-rate effects and other inorganic factors, revenues rose more than 4 percent, fueled by organic increases in revenue in all four of the company's divisions. This result reflects the strong position maintained by the Group and its divisions in rapidly growing market segments and regions. The Group's operating earnings rose by nearly 6 percent to EUR 654 million in the second quarter. Adjusted for various non-recurring factors in the previous year's figure, EBIT climbed by nearly 11 percent. Consolidated net profit also rose sharply, increasing by more than 9 percent to EUR 461 million.

 

"The company's successful performance in the second quarter is a further demonstration of our Group's fundamental strength," said Frank Appel, the CEO of Deutsche Post DHL. "We have both a high-potential business base and the ability to generate reliable gains in revenues and earnings even under challenging business conditions. With our double-digit increase in EBIT, we demonstrated these two strengths during the past quarter."

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