Courier giant Deutsche Post DHL (DPSTF.PK, DEUPF.PK) said its first-quarter consolidated net profit slid to 498 million euros from last year's 529 million euros. Basic earnings per share fell to 0.41 euros from 0.44 euros.
Excluding the Postbank effects from last year, consolidated net profit and earnings per share would have risen by more than 45 percent due to operational improvements and lower taxes, the group noted.
However, EBIT totaled 711 million euros in the quarter, 20 million euros higher than last year's 691 million euros.
The group's revenues for the first quarter rose slightly to 13.44 billion euros from 13.36 billion euros.
For the year 2013, Deutsche Post said it is confirming its guidance. It still expects EBIT to increase to between 2.7 billion and 2.95 billion euros.
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