Amazon surprises with billions of profits – growth slows

A US courier closes orders from Amazon in Pittsburgh. (Photo: Gene J. Puskar / AP Photo)

(dpa) Amazon, the world's largest online retailer, has continued to benefit from a thriving e-commerce and burgeoning IT services during the last quarter. Sales and profits increased again significantly in the second quarter. Especially in terms of net income, Amazon has been able to surprise considerably positive. The sales figures have disappointed the experts against something. The title, in full swing for some time, grew again by 2% after 1965

The turnover grew by 39% to 52.9 billion dollars between April and the end of June, announced the company Thursday in Seattle. announced. However, the increase in sales was not as strong as at the beginning of the year. Experts also expected slightly higher receipts.

In addition, growth during the three months of July to the end of September is expected to slow down somewhat. For the third quarter, Amazon's boss, Jeff Bezos, is aiming for a turnover of between $ 54 and $ 57 billion – which would represent a more than 23 to 31% compared to the previous year. last year. Here too, Amazon is below the current estimate of the experts.

Significantly better than last year

On the other hand, Amazon surprised on the quarterly profit. That brought in $ 2.5 billion. A year ago, the group had only earned $ 197 million in the same period last year. Since Amazon has been increasing sales for a long time, but still a sharp increase, but because of the high investments put in the red figures or had earned little money, the surprisingly high profit made for price gains after the significant hours.

for years on a high flight. In 2018 alone, the stock market value of the company has so far increased by more than half to reach 877 billion dollars. This makes the online retailer the most valuable listed company in the world after Apple.

With the rise of Amazon, founder and CEO Jeff Bezos became the richest man in the world. Its badets, which consist mainly of the company's shares, according to a statement from the Bloomberg news agency, amount to about $ 149 billion.