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DPSGY Deutsche Post AG (PK)

49.33
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Deutsche Post AG (PK) USOTC:DPSGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 49.33 0.00 01:00:00

Deutsche Post Says 3Q Earnings Rose; Plans to Raise Full-Year Forecast

10/10/2022 1:20pm

Dow Jones News


Deutsche Post (PK) (USOTC:DPSGY)
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By Maitane Sardon

 

Deutsche Post AG said on Monday that earnings rose in the third quarter as capacity utilization remained good in the networks of all its divisions, and that it expects to raise its earnings forecast for the full year.

The German freight-and-logistics group said Monday that earnings before interest and taxes came in at 2.04 billion euros ($1.99 billion) in the third quarter, according to preliminary results. In the same period a year earlier the company's EBIT was EUR1.77 billion.

Group EBIT for the nine months of the current year was around EUR6.5 billion, up from EUR5.76 billion in the year prior.

The company said it expects to raise the earnings forecast for the full year 2022. It is currently targeting EUR8 billion in EBIT, plus or minus 5%.

 

Write to Maitane Sardon at maitane.sardon@wsj.com

 

(END) Dow Jones Newswires

October 10, 2022 08:05 ET (12:05 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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