1229 GMT - DHL parent Deutsche Post's first-quarter results were a touch better than expected partly thanks to cost-cutting efforts flowing through to earnings, JPMorgan analysts say in a research note. The German logistics group--also known as DHL Group--reported a first-quarter operating profit that exceeded consensus expectations by 4%, mainly driven by its Express segment despite weaker volumes, JPM says. The outlook remains challenging given the U.S. tariff backdrop, according to JPM. Nevertheless, DHL should be able to navigate some of these challenges and pursue cost action to mitigate trade headwinds, the analysts say. Shares rise 2.2% to 37.84 euros. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 08:29 ET (12:29 GMT)
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