Deutsche Post AG 3Q 2015 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Deutsche Post AG (DPW.XE) third-quarter results, based on a poll of eight analysts conducted by Dow Jones Newswires (figures in million euros, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released November 11.

=== 
                                EBIT   Net attrib. 
3rd Quarter         Revenue      (a)        income 
AVERAGE              14,925      645           440 
Prev. Year           14,001      677           468 
+/- in %               +6.6     -4.7          -6.0 
 
MEDIAN               14,939      656           444 
Maximum              15,082      685           472 
Minimum              14,760      592           400 
Amount                    7        6             5 
 
Baader-Helvea        14,877      685           463 
Barclays             14,995      644           421 
DZ Bank              14,760      615           400 
Equinet              14,947      668           444 
Investec             14,875       --            -- 
Morgan Stanley       15,082      667           472 
RBC Capital Markets      --      592            -- 
Warburg Research     14,939       --            -- 
 
                    PeP 
                    (b)          EXPRESS: 
3rd Quarter     Revenue    EBIT  Revenue    EBIT 
AVERAGE           3,831     261    3,432     346 
Prev. Year        3,731     288    3,112     305 
+/- in %           +2.7    -9.2      +10     +14 
 
MEDIAN            3,840     251    3,426     350 
Maximum           3,858     298    3,488     355 
Minimum           3,796     224    3,395     334 
Amount                6       7        6       7 
 
Baader-Helvea     3,798     285    3,444     355 
Barclays          3,840     298    3,421     342 
DZ Bank              --     235       --     340 
Equinet           3,858     251    3,411     353 
Investec          3,852     295    3,488     334 
Morgan Stanley    3,796     242    3,395     350 
Warburg Research  3,839     224    3,430     351 
 
 
                  FORWARDING/FREIGHT:  SUPPLY CHAIN: 
3rd Quarter         Revenue    EBIT    Revenue    EBIT 
AVERAGE               3,912      43     4,023      110 
Prev. Year            3,803      72     3,660      110 
+/- in %               +2.9     -40       +10       -- 
 
MEDIAN                3,945      41     4,014      101 
Maximum               4,002      55     4,136      137 
Minimum               3,780      34     3,907       85 
Amount                    6       6         6        7 
 
Baader-Helvea         3,811      35     4,136       99 
Barclays              3,957      36     4,081      131 
DZ Bank                  --      45        --       85 
Equinet               4,002      54     3,990      101 
Investec              3,933      34     3,907      137 
Morgan Stanley        3,780      55     4,038      115 
Warburg Research      3,990      --     3,988       99 
 
 
               Target price  Rating                DPS 2015 
AVERAGE               29.10  positive 7    AVERAGE     0.89 
Prev. Quarter         29.72  neutral  2    Prev. Year  0.85 
+/- in %               -2.1  negative 1    +/- in %    +5.3 
 
MEDIAN                30.00                MEDIAN      0.90 
Maximum               36.00                Maximum     0.91 
Minimum               23.80                Minimum     0.85 
Amount                    8                Amount         7 
 
Baader-Helvea         30.00  Buy                         -- 
Barclays              36.00  Overweight                0.91 
Berenberg             26.00  Hold                      0.90 
DZ Bank                  --  Buy                       0.90 
Equinet               30.00  Accumulate                0.90 
Investec              23.80  Sell                      0.90 
Morgan Stanley           --  Overweight                  -- 
RBC Capital Markets   30.00  Outperform                  -- 
UBS                   26.00  Neutral                   0.90 
Warburg Research      31.00  Buy                       0.85 
===

Year-earlier figures are as reported by the company.

(a) Including strike costs. Pre impairment on the IT-project in Global Forward Freight and legal issues.

(b) Post-eCommerce-Parcel