German airline giant Lufthansa
reported record profits for 2017 on Thursday, celebrating a year that saw it bury a smouldering dispute with pilots and gobble up parts of defunct rival Air Berlin.
Deutsche Post will be raising the price of sending a letter to 60 cents, it said on Friday. International mail prices will also increase but postcards will stay the same.
Deutsche Bank, Germany's biggest lender, said on Tuesday that its profits had collapsed by 94 percent due to "substantial litigation charges" and falling gains in investment banking.
Germany's Daimler, maker of Mercedes-Benz, said on Thursday its net profit rose in the third quarter, helped by higher car and truck sales as well as efficiency gains.
German automaker Daimler announced on Wednesday that its profits doubled in the second quarter, propelled in no small part by one-off gains from the sale of its stake in aerospace giant EADS.
The difficulties of connecting wind-parks in the high seas to the national grid are harming Siemens' balance books. The technology giant is expecting to set aside a huge reserve for technical difficulties, eating into this year's profits.
Germany's biggest bank, Deutsche Bank, posted on Tuesday a second-quarter net profit of €1.2 billion, up from €1.1 billion in the same period a year earlier.
Despite the recession, falling profits and job layoffs, Germany’s biggest firms are set to pay out about €20 billion this year to their shareholders, a survey has found.
Europe's biggest carmaker Volkswagen has hit the skids this year with "extremely weak" economic conditions slashing profits and sending sales down sharply, results showed Wednesday.
German luxury car maker Porsche said Tuesday that its first-half profit leapt fourfold owing to its stake in Volkswagen, but that auto sales were down and it could not give a full-year forecast.
Munich Re, the world's second biggest re-insurance group, on Wednesday posted a net profit of €1.5 billion for 2008, with a slight gain of around €100 million in the last quarter.
