Deutsche Post DHL (OTCMKTS: DPSGY) said Wednesday that 2020 operating profits hit record levels and significantly surpassed its original guidance for the year, as demand for the company’s services surged due to the impact of the novel coronavirus on global ordering behavior and a positive environment for freight services in general.
Operating profit, reported as earnings before interest and taxes (EBIT), came in at $5.88 billion, exceeding the original EBIT estimates of $4.9 billion to $5.3...
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