Deutsche Post AG (DPW.HA)
- Reuters
German union Verdi: Next wage deals should at least compensate for inflation
German services sector trade union Verdi will aim to at the very minimum gain compensation for soaring inflation in upcoming wage negotiations in the public sector, with Deutsche Post and in retail, union chief Frank Werneke said on Thursday. Verdi in August helped achieve a deal at Lufthansa that the company said translated to an increase in gross base salaries of 8.3% for workers earning 6,500 euros a month and of 19.2% for those making 2,000 euros.
- Reuters
Deutsche Post reports double-digit Q2 earnings growth
BERLIN (Reuters) -German logistics company Deutsche Post reported double-digit growth in revenue and earnings on Friday and confirmed its outlook for 2022, as its flourishing freight and express business built on an already-strong start to the year. Revenue rose by 23.4% year on year in the second quarter to 24 billion euros ($24.55 billion), while profit from operating activities (EBIT) grew by 12.2% to 2.3 billion euros. This beat analysts' expectations of revenue of 21.8 billion euros and EBIT of 2 billion euros, according to a poll posted on the company website.
