Ad hoc: Deutsche Post AG plans to lift dividend to 0.50 Euro per share for 200411/04/2004
In light of the positive earnings growth after 9 months in 2004 the group reaffirms the full-year guidance and plans to increase the dividend for 2004 by 13.6% to 0.50 Euro per share.
In the first 9 months group revenue increased by 9.7% to 31.7 billion Euro. The operating result (EBITA) rose by 10.7% to 2.26 billion Euro in the same period.
Group net income reached 0.89 billion Euro, up 2.4% from previous year's first 9 months. Earnings per share accordingly reached 0.80 Euro after 0.78 Euro for the same period last year.
In light of this development the group reiterates its expectation of EBITA to grow by 7.5% to 12.5% for the full year. Furthermore the management board plans to increase the dividend for the year 2004 to 0.50 Euro per share (2003: 0.44 Euro).
The complete interim report for the first 9 months 2004 is available on the internet: www.dpwn.com.