Deutsche Post DHL Group raises lower end of the full-year 2019 forecast
Deutsche Post DHL Group continued its profitable growth course in the second quarter of 2019. In the period from April to June, the Group increased revenue by 3.0% year-on-year to EUR 15.5 billion. All five divisions contributed to this positive development, as did growth in all regions of the world. The Group's operating profit (EBIT) improved by 2.9% to EUR 769 million compared to the prior-year period. Earnings of the Post & Parcel Germany division (P&P) turned positive again for the first time since the fourth quarter 2017. However, EBIT growth of the Group was held back by restructuring expenses in the Supply Chain and eCommerce Solutions divisions.