Profit up at Germany’s Deutsche Post DHL in second quarter

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Profit was up at major German package delivery and logistics firm Deutsche Post DHL in the second quarter compared to the same period of last year. Deutsche Post DHL reported on Friday that its second quarter net profit after non-controlling interests increased to €1.5 billion ($1.53 billion) from last year’s €1.3 billion, with earnings per share improving to €1.17 from €1.02 in the previous year. Operating profit, or earnings before interest and taxes (EBIT), was €2.3 billion up from €2.1 billion in the prior year. Quarterly revenue increased 23.4% year-on-year to €24.0 billion. The group con…

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