German shipping and logistics giant Deutsche Post DHL Group on Tuesday reported strong first-quarter revenue and earnings gains as it capitalized on a rebound in business-to-business demand and withstood a retreat to historical trends of business-to-consumer activity.
The Bonn-based concern (OTCUS: DPSGY) reported earnings per share of $1.16, exceeding analysts’ estimates of $1.04. Earnings before interest and taxes rose to more than $2.3 billion from $2 billion. Revenue rose nearly 20% to...
https://www.freightwaves.com/news/deutsche-post-dhl-rides-b2b-wave-to-strong-q1-results