DPDHL reported a very good set of Q3 figures, with notably a solid organic revenue of 3.7% despite the challenging environment. This performance was driven by Express and P&P which benefited from the price hike in mail activities since July. Management confirmed its full-year guidance. We confirm our positive opinion on the stock.
13 Nov 2019
Strong operating performance
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Strong operating performance
Deutsche Post AG (DHL:WBO) | 0 0 0.5% | Mkt Cap: 45,425m
- Published:
13 Nov 2019 -
Author:
Luis Pereira -
Pages:
2
DPDHL reported a very good set of Q3 figures, with notably a solid organic revenue of 3.7% despite the challenging environment. This performance was driven by Express and P&P which benefited from the price hike in mail activities since July. Management confirmed its full-year guidance. We confirm our positive opinion on the stock.