Record earnings Deutsche Post

Deutsche Post World Net, the German state-aid company, had record revenues and earnings for 2001, but warned for a more difficult 2002.
Deutsche Post group revenues totaling some 33.4 billion euro were 2.0 per cent higher than the previous year.

Earnings, the profit from operating activities (EBITA), grew 7.1 per cent to about 2.6 billion euro.

Net profit rose 4.6 per cent to around 1.6 billion for 2001. Earnings per share were 1.42 euro.

The available financial figures are still preliminary. Deutsche Post World Net will present the precise figures and further details at its financials press conference on April 8, 2002.

‘For the year 2002, we expect to continue this successful course for the group. However, it will be difficult to again surpass our operating profit,’’ said CEO Klaus Zumwinkel.

Source: Deutsche Post release

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