Deutsche Post AG 1Q 2014 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Deutsche Post AG (DPW.XE) first-quarter results, based on a poll of eight analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released May 15.

===                                  Net 
                                  attrib. 
1st Quarter      Revenue   EBIT   income       EPS 
 
AVERAGE           13,690    744      504      0.41 
Prev. Year        13,444    711      498      0.41 
+/- in %            +1.8   +4.6     +1.3      +0.5 
 
MEDIAN            13,729    743      511      0.41 
Maximum           13,900    776      525      0.43 
Minimum           13,443    703      472      0.39 
Amount                 7      8        6         5 
 
Commerzbank           --    733       --        -- 
Davy              13,443    703      472      0.39 
Equinet           13,721    750      521      0.43 
Helvea            13,741    776      512      0.41 
J.P. Morgan       13,900    768      525      0.43 
Kepler Cheuvreux  13,534    735      486        -- 
Morgan Stanley    13,729    761      510        -- 
Warburg Research  13,763    724       --      0.40 
 
                   MAIL:             EXPRESS: 
1st Quarter        Revenue   EBIT    Revenue  EBIT 
 
AVERAGE            3,899    387      2,909    265 
Prev. Year         3,612    382      3,037    254 
+/- in %            +8.0   +1.2       -4.2   +4.4 
 
MEDIAN             3,893    398      2,930    266 
Maximum            3,956    411      3,006    276 
Minimum            3,872    333      2,770    255 
Amount                 5      5          5      5 
 
Davy               3,874    333      2,770    266 
Helvea             3,956    411      2,935    276 
J.P. Morgan        3,893    398      2,930    266 
Morgan Stanley     3,872    400      3,006    263 
Warburg Research   3,901    391      2,902    255 
 
             FORWARDING/FREIGHT:   SUPPLY SUPPLY CHAIN/CIS: 
1st Quarter      Revenue   EBIT    Revenue    EBIT 
 
AVERAGE            3,669     92      3,527     95 
Prev. Year         3,615     88      3,483     84 
+/- in %            +1.5   +4.1       +1.3    +14 
 
MEDIAN             3,629     93      3,527     95 
Maximum            3,798     99      3,585     98 
Minimum            3,610     81      3,472     93 
Amount                 5      5          5      5 
 
Davy               3,615     99      3,483     93 
Helvea             3,629     90      3,472     95 
J.P. Morgan        3,798     93      3,585     98 
Morgan Stanley     3,610     95      3,527     98 
Warburg Research   3,694     81      3,569     93 
 
           Target price  Rating                DPS 2014 
 
AVERAGE           28.86  positive 5   AVERAGE      0.84 
Prev. Quarter     28.17  neutral  1   Prev. Year   0.80 
+/- in %           +2.4  negative 2   +/- in %     +4.5 
 
MEDIAN            31.00               MEDIAN       0.85 
Maximum           33.50               Maximum      0.91 
Minimum           24.00               Minimum      0.75 
Amount                7               Amount          5 
 
Commerzbank       24.50  Reduce                      -- 
Davy              32.00  Outperform                0.87 
Equinet           24.00  Reduce                    0.80 
Helvea            31.00  Buy                         -- 
J.P. Morgan       33.50  Overweight                0.91 
Kepler Cheuvreux  25.00  Hold                      0.75 
Morgan Stanley       --  Overweight                  -- 
Warburg Research  32.00  Buy                       0.85 
===

Year-earlier figures are as reported by the company.