BERLIN, April 30 (Reuters) - German logistics company
DHL on Wednesday posted higher sales and earnings in
the first quarter, a period dominated by tensions over U.S.
import tariffs that could both help and hinder the group's
bottom line.
Group revenues increased by 2.8% year on year to 20.8 billion
euros ($23.66 billion) and earnings before interest and taxes
(EBIT) were up 4.5% at 1.4 billion euros. This was largely in
line with analysts' expectations, according to a
company-provided poll.
DHL maintained its guidance for the full year, forecasting
an operating result of at least 6 billion euros.
However, this outlook does not cover potential changes in
tariff or trade policies, it said in a statement, adding that
"such changes could have substantial negative but also positive
effects for DHL Group".
($1 = 0.8790 euros)