Deutsche Post DHL, the world's leading postal and logistics group, continued to generate profitable growth in the third quarter of 2014, powered by its strong market position in the most dynamic segments and regions of the world.
Revenues climbed by more than 4 percent in the period between July and September to EUR 14 billion. In addition to slightly positive exchange-rate effects, it was the revenue gains generated by all four divisions that fueled this increase.
The Group's higher revenues primarily reflected the further improved volume and revenue development in the German parcel business and continued strong gains in the international express business.
The Group's operating earnings climbed by nearly 5 percent during the third quarter of the current year to EUR 677 million. As a result of lower tax expenses and finance costs, the increase in the company's consolidated net profit was even higher, rising more than 17 percent to EUR 468 million.
"We continue to profit from our unique competitive position in emerging markets and our role as an eCommerce enabler. For this reason, we remain on track in spite of the current challenging environment," said Frank Appel, the CEO of Deutsche Post DHL.
"Thanks to our continuous investments in the expansion of our network and infrastructure as well as our increased effort to optimize operational processes, we will be able to even more systematically address the needs of our customers and offer our services even more efficiently in the future. We are investing in the Group's sustainable growth for the years to come and, by taking these steps, we are today setting the course for the success of our Strategy 2020."
Third quarter of 2014: Profitability gains at PeP and DHL
At EUR 14 billion, Group revenues between July and September 2014 were more than EUR 500 million above the previous year's level of EUR 13.5 billion.
Source: Deutsche Post DHL
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