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Deutsche Post: Earnings surge in final quarter of 2013

March 12, 2014

Deutsche Post (Buy*) profited from the Christmas holidays business and a lower tax burden. The company achieved revenues of EUR 14.5bn, EBIT of EUR 885m and net income of EUR 772m. Profit was clearly higher than anticipated at EUR 547m. The company proposes a dividend per share of EUR 0.80 (+14%), which is also above expectations of EUR 0.76.

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