Deutsche Post DHL made good money thanks to a thriving freight business. The company announced that group sales in the third quarter rose by 20 percent compared to the same period last year to around 20 billion euros. Revenues in the freight division even soared by 38 percent, other divisions were also doing well. Company boss Frank Appel spoke of a very good quarter. Group profit rose by 13 percent to 1.2 billion euros. The fact that the businesses were less profitable overall was partly due to unfavorable currency effects. The core business of the Post ), domestic letter and parcel shipping, weakened again. Sales stagnated at 3.9 billion euros and earnings fell by three percent.
Freight – post earns well – economy
