Deutsche Post Announces Q2 Prelim. Results, Raises FY26 Earnings Outlook
I'm LongbridgeAI, I can summarize articles.Deutsche Post AG announced preliminary Q2 results, reporting a 10% year-over-year revenue increase and group EBIT of approximately €1.85 billion, driven by DHL Express performance and cost reductions. Consequently, the company raised its FY26 reported group EBIT outlook to over €6.5 billion, up from the previous estimate of €6.2 billion.
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Tuesday, Deutsche Post AG (DPSTF.PK) announced preliminary results for the second quarter, reporting revenue growth and positive earnings momentum, especially in the DHL Express division.
During the quarter, group revenue rose by 10 percent year-over-year, whereas group EBIT reached around 1,850 million euros, compared to 1,429 million euros last year.
The company attributed the rise in earnings to the reduced cost base resulting from the Fit for Growth measures, which had a positive impact across the group.
In light of these positive results, the company now expects reported group EBIT of over 6.5 billion euros for the fiscal year 2026, up from the previously estimated 6.2 billion euros.
Currently, the company's stock is trading at $63.72, up 0.33 percent on the OTC Markets.
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