Deutsche Post AG

Deutsche Post DHL Group grows revenue, confirms earnings guidance for 2015 and 2016 (news with additional features) - Seite 3

non-recurring costs for the division's optimization program.

Consolidated net profit slightly decreased by 1.4% in the first quarter to
EUR 495 million (2014: EUR 502 million). This corresponds to basic earnings
per share of EUR 0.41 per share (2014: EUR 0.42).

Capital expenditure: Group reinforces its growth base with further
investments

Deutsche Post DHL Group invested significantly, again, in the first quarter
of 2015 in order to strengthen its base for future success. Investments
were made in all four divisions with a focus on positioning the Group for
future profitable growth. In the first three months, the Group invested EUR
274 million (2014: EUR 176 million). Capital expenditure was principally
directed towards expanding the domestic and international parcel
infrastructure, modernizing global and regional express hubs and developing
a more efficient aircraft fleet, as well as for the transformation
initiative within the Global Forwarding business and new contract start-ups
in Supply Chain.

Cash flow: Usual seasonal trend

At EUR -377 million (2014: EUR -348 million), free cash flow for the
quarter reflected the usual seasonal trend in which the Group's cash flow
is impacted by the annual advance payment for civil servants' pensions.
This year, the payment amounted to EUR 530 million. The year-on-year
decrease in free cash flow was predominantly the result of higher payments
for capital expenditure (net cash capex).

Post - eCommerce - Parcel: Continued strong growth in the parcel business

Revenue in the Post - eCommerce - Parcel division increased by 3.6% in the
first quarter to EUR 4.1 billion (2014: EUR 4.0 billion). EUR 1.5 billion
of that figure was attributable to the eCommerce - Parcel business, which
continued to register dynamic growth to achieve an improvement of 13.7%
over the prior year. The increase, including positive currency effects,
reflects revenue growth of 25.8% in eCommerce, 12.1% in Parcel Germany and
4.8% in Parcel Europe. This positive trend demonstrates that Deutsche Post
DHL Group continues to benefit from its successful positioning in the
high-growth e-commerce, parcel market. Innovations such as parcel boxes for
apartment buildings and the recently piloted car drop delivery service
continue to advance the Group's leading position in the market.

In contrast to eCommerce - Parcel, revenue in the Post business decreased
by 1.7% in the first quarter to EUR 2.6 billion, once again illustrating