German transport and logistics giant Deutsche Post DHL Group (OTC US: DPSGY) said Monday it will raise its full-year earnings guidance after reporting better-than-expected third-quarter and nine-month results.
Deutsche Post DHL said it expects full-year earnings before interest and taxes to come in higher than the 8 billion euros ($7.7 billion) that was originally forecast. Third-quarter EBIT was revised to $1.98 billion from $1.7 billion, while nine-month results were revised to $6.3 billion from about $5.5 billion, the company said.
