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Industrials

Deutsche Post reports strong results, to pay staff bonus

BERLIN, July 7 (Reuters) - German logistics group Deutsche Post AG reported a 16% rise in second-quarter operating profit on Tuesday and said it would pay its 500,000 employees a 300 euro ($339) bonus as a reward for their efforts during the coronavirus crisis.

Deutsche Post DHL, one of the world’s biggest post and freight companies, has been handling a big increase in parcel shipments during the pandemic, although its global freight business has been hit by the slowdown in the global economy.

$1 = 0.8852 euros Reporting by Emma Thomasson; Editing by Edmund Blair

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