Deutsche Post raises 2026 profit outlook on strong demand, reduced costs (updated)
UPDATE 1-Deutsche Post raises 2026 profit outlook on strong demand, reduced costs Adds result in paragraph 3, quote in paragraph 4
July 7 (Reuters) - Deutsche Post DHLn.DE on Tuesday raised its 2026 earnings outlook, after its operating profit beat expectations in the second quarter driven by growing demand and cost-cutting measures.
The company said it expects earnings before interest and taxes (EBIT) for the year to surpass €6.5 billion ($7.4 billion). It had previously anticipated the figure to exceed €6.2 billion.
Quarterly EBIT reached €1.85 billion, above the €1.54 billion expected by analysts according to a company-provided consensus.
"Compared with the prior year quarter, which had been impacted by customs and other trade policy conditions, the Group recorded a return to significant revenue growth," the company said in statement.
($1 = 0.8747 euros)
(Reporting by Tristan Veyet in Gdansk, editing by Linda Pasquini)
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