Monday, November 7, 2016

“Strongest quarter in the history of the” Deutsche Post impressed operationally – NEWS

Tuesday, 08. November 2016

Those Figures Post-Chef Appel: With the results from the late summer quarter, the Bonn-based logistics group is able to exceed the expectations of the experts. Adjusted for special effects, sales increased significantly.


Deutsche Post is thanks to its booming package business at a record rate. The operating result (Ebit) for the third quarter rose to 755 million euros and increased more than analysts expected, as the Bonn-based group said. In the same period of the previous year, the Post had achieved an Ebit of EUR 197 million.

The company had recorded so that “the operationally strongest quarter in its history,” said Post chief Executive Frank Appel. Sales declined, however, from 14.4 billion euros in the previous year to the current level of 13.9 billion euros. The reason is the change in the recognition of revenues in a large customer contract is in addition to currency effects. Adjusted for these effects, sales rose by 2.4 percent.

The profit expectations of the market, the Bonn-based group is exceeded. Analysts had expected Ebit of EUR 717 million, and sales of 14,102 billion euros. Its forecast for the year, the group reiterated that The operating profit should increase to 3.4 to 3.7 billion euros from 2.41 billion euros in the previous year.

Yet, 2015 was the Bonn group in the third quarter as a result of high write-downs on a failed conversion of the data processing in the freight division only rams, almost at a loss over. These effects were lost – the net profit soared from EUR 49 million to 618 million euros in the height.

The significant profit increase was also due to the progress in the restructuring of the freight division. The area in the past few years, a child of the group concerns – increased its operating profit to a loss of 337 million euros a year ago, to EUR 63 million.

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Overall, the Post comes to 2016 in swing: The group is benefiting here from the Porto-increase in Germany. The Post had raised the prices for the new year, as clearly as, for almost 30 years. In the mass production of standard letter postage increased from 62 to 70 cents.

The company is also the continuing Boom in the Online trading in the hands. The customers order from the Internet retailers from Amazon to Zalando, the deliverer bring the packages to the consumer. The Post is now forecasting, also in the important Christmas business with a new record. You will deliver in Germany before Christmas, it is expected that more than eight million packages a day, had the Finance Director Melanie circle announced recently. Also competitor UPS expects a record-packet flood to Christmas.




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