Deutsche Post DHL turned in 13.7 billion euros ($18.39 billion) in revenues during the second quarter, a nearly 1-percent rise, year-over-year.
Net profit for the second quarter rose by 9 percent to 461 million euros. Operating earnings ended the quarter at 654 million euros, up by almost 6 percent, year-over-year.
Despite these numbers, DHL officials only see a slightly better market for the rest of the year, and are modest in their expectations for the second half of 2014. Officials said operating earnings for the year are expected to be between 2 billion euros and 2.2 billion euros, instead of a previously announced range of 2.1 billion euros to 2.3 billion euros. The downshift is due to a challenging global forwarding market, among other things, according to the company.
"The company's successful performance in the second quarter is a further demonstration of our group's fundamental strength," said Frank Appel, DHL’s chief executive officer. "We have both a high-potential business base and the ability to generate reliable gains in revenues and earnings even under challenging business conditions.”