Deutsche Post Posts Downbeat Q3 Profit

German group Deutsche Post AG

reported downbeat third-quarter profit. Deutsche Post's quarterly net profit climbed 5.8% to 399 million ($534 million), versus analysts' estimates of EUR411 million. Its revenue fell 2.5% to EUR13.5 billion, while earnings before interest and tax rose to EUR646 million from EUR604 million. Deutsche Post shares closed at $33.49 yesterday.