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Deutsche Post (OTC:DPSGY) DHL, one of the world’s biggest post and freight companies, reported third-quarter operating profit jumped almost 50% to 1.4 billion euros ($1.66 billion) on revenue up 4.4% to 16.2 billion, versus average analyst forecasts for 16.1 billion.
It confirmed the updated guidance it gave last month for 2020 operating profit of between 4.1 billion and 4.4 billion euros, but said achieving the upper end of that would depend on whether it can efficiently use its delivery networks as volumes soar.
($1 = 0.8452 euros)
