Deutsche Post Q1 Net Profit Jumps 64%

German company Deutsche Post AG (OTC: DPSTF) reported a rise in its revenue and net profit in the first quarter. Deutsche Post's quarterly net profit surged 64% y/y to EUR533 million. Its earnings before interest and tax (EBIT) from operating activities gained 9.9% to EUR691 million. Deutsche Post's revenue rose to EUR13.36 billion from EUR12.81 billion. Deutsche Post shares closed at $18.50 yesterday.