Group revenues increased by 1.4% to €15.02bn; after adjustments for adverse FX effects and the Williams Lee Tag disposal, Deutsche Post reported a continued strong organic growth of +6.2%. EBIT, however, decreased by 11.2% to €747m based on the operating performance in the PeP division and the first measures to counterbalance this development. The EBIT margin fell therefore from 5.7% in the last quarter to 5.0% in Q2 2018. EBITDA, on the other hand, went up by €339m (+27.9%) to
07 Aug 2018
Q2 with strong organic growth but lower profitability
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Q2 with strong organic growth but lower profitability
Deutsche Post AG (DHL:WBO) | 0 0 0.5% | Mkt Cap: 45,425m
- Published:
07 Aug 2018 -
Author:
Heinz Steffen -
Pages:
3
Group revenues increased by 1.4% to €15.02bn; after adjustments for adverse FX effects and the Williams Lee Tag disposal, Deutsche Post reported a continued strong organic growth of +6.2%. EBIT, however, decreased by 11.2% to €747m based on the operating performance in the PeP division and the first measures to counterbalance this development. The EBIT margin fell therefore from 5.7% in the last quarter to 5.0% in Q2 2018. EBITDA, on the other hand, went up by €339m (+27.9%) to