Deutsche Post denies giving analysts profit warning
Deutsche Post World Net AG said it has not warned analysts of a lower profit at is mail unit than the year earlier, denying earlier press reports.’The press reports give the impression that we gave figures to a small circle (of analysts). We strongly deny this,’ a Deutsche Post spokesman said. The report, which appeared in the Financial Times Deutschland today, cited analysts as saying they had received a profit warning from Deutsche Post which stated that the group’s mail division’s operating profit has declined by around 100 mln eur in the first quarter from 749 mln one year before. The spokesman said that at the time when the company supposedly had given these unpublished figures to analysts, the results were not even ready.
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