Deutsche Post, owner of DHL, posted 1Q results on Wednesday that beat Bloomberg’s consensus estimate by 3.4% at the earnings before interest and tax level. Management’s full year expectation of €3.4-3.7 billion of profits for 2016 overall is in part based on a 3.4% growth in global trade volumes. This may prove challenging. Ocean freight, … Continue reading “Deutsche Post Earnings Better Than Expected, Freigh...
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