Deutsche Post DHL reported solid results. Revenues declined by 3.2% to €57.3bn but EBIT jumped 44.8% to €3.56bn in 2016. The EBIT margin improved from 4.1% to 6.1%. Net profit after minorities jumped 71.4% from €1.54bn to €2.64bn. Due to the strong operating performance, which was in line with expectations, management increased the dividend by 23.5% from €0.85 to €1.05 per share.
08 Mar 2017
Operating performance expected to improve further
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Operating performance expected to improve further
Deutsche Post AG (DHL:WBO) | 0 0 0.5% | Mkt Cap: 45,425m
- Published:
08 Mar 2017 -
Author:
Heinz Steffen -
Pages:
2
Deutsche Post DHL reported solid results. Revenues declined by 3.2% to €57.3bn but EBIT jumped 44.8% to €3.56bn in 2016. The EBIT margin improved from 4.1% to 6.1%. Net profit after minorities jumped 71.4% from €1.54bn to €2.64bn. Due to the strong operating performance, which was in line with expectations, management increased the dividend by 23.5% from €0.85 to €1.05 per share.