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Managing expectations
Deutsche Post-DHL today reported record quarterly financial results, as all its divisions saw rising volumes, revenues and profits.
Group revenue grew 22% to €18.9bn ($22.7bn), while ebit more than tripled to €1.9bn, as its divisions “benefited from the continued strong momentum in global e-commerce and the simultaneous recovery in world trade”.
Chief executive Frank Appel said: “Because of our strategic investments in our networks, we are today in a position to benefit from the surge in demand, while simultaneously improving our efficiency.
“We ...
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