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Deutsche Post reports higher profit than preliminary figure

FILE PHOTO: An employee works at a distribution centre of German postal and logistics group Deutsche Post DHL in Rodgau near Frankfurt, Germany, December 19, 2019. REUTERS/Ralph Orlowski/File Photo

BERLIN (Reuters) - German logistics group Deutsche Post AG DPWGn.DE reported a bigger rise in second-quarter operating profit on Wednesday than when it originally published preliminary figures last month as it benefits from a big rise in ecommerce during the pandemic.

Deutsche Post DHL, one of the world’s biggest post andfreight companies, said operating profit rose 19% to 912 million euros (823.10 million pounds) on revenue up 3% to 16 billion euros, both ahead of average analyst forecasts.

Deutsche Post last month said it expected quarterly operating profit came in around 890 million euros. On Wednesday, it reiterated the guidance it gave last month for 2020 and its medium-term outlook.

Reporting by Emma Thomasson; Editing by Riham Alkousaa

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