Deutsche Post DHL Group confirms earnings targets for 2018 and 2020 – Q3 EBIT in line with expectations
Deutsche Post DHL Group continued to grow in the third quarter and is well on its way to reaching the Group's earnings targets for full year 2018. Between July and September, Group revenue increased by 1.4% year on year to EUR 14.8 billion. The revenue increase was 4.7% adjusted for currency effects and portfolio changes. The Group's operating profit (EBIT) came in at EUR 376 million for the third quarter. While this figure was below the prior-year amount of EUR 834 million, it was fully in line with the Group's forecasts.