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Deutsche Post raises outlook after strong third quarter

BERLIN, Oct 7 (Reuters) - German logistics group Deutsche Post AG raised its outlook for full-year operating profit on Wednesday as it continues to benefit from a big rise in ecommerce during the coronavirus pandemic.

Deutsche Post DHL, one of the world’s biggest post and freight companies, said it now expects group operating profit of 4.1-4.4 billion euros ($4.8-5.2 billion), up from a previous 3.5-3.8 billion.

Its shares were up 2% after the unscheduled news.

$1 = 0.8499 euros Reporting by Emma Thomasson; editing by Thomas Seythal

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