What we achieved in the first half of 2014
Deutsche Post DHL increased revenue slightly despite the fact that our business continued to suffer from substantial currency effects. Earnings growth was more significant thanks to an improved margin, with EBIT increasing by 3.8%. The German parcel business and the international express business continue to achieve dynamic growth. We also generated a solid earnings improvement in the SUPPLY CHAIN division. By contrast, business was under pressure in the GLOBAL FORWARDING, FREIGHT division, particularly in air freight.
What we intend to achieve by the end of the year 2014
We continue to expect consolidated EBIT to reach between €2.9 billion and €3.1 billion in financial year 2014. The Post - eCommerce - Parcel division is now likely to contribute around €1.3 billion to this figure. Compared with the previous year, we expect an improvement in EBIT to between €2.0 billion and €2.2 billion in the DHL divisions. Our EBIT after asset charge and operating cash flow performance metrics are expected to see further positive development in line with the respective EBIT trend.