Deutsche Post reported fourth-quarter sales rose 5.1 percent to 16.9 billion euros, above the average analyst forecast for 16.65 billion.
Deutsche Post DHL Group said a restructuring program in its German post-and-parcel division will help boost profits this year and it sees no sign that global trade is slowing despite rising geopolitical tensions.
Deutsche Post said operating profit should rise to between 3.9 billion and 4.3 billion euros in 2019 and confirmed its guidance for the metric to reach at least 5 billion by 2020. "Yes, the economic environment is a little more uncertain, but we still believe that we will see solid growth this year globally, and also a continuation of that next year."
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