Business, Express, Forwarding, Freight News, Logistics

Crisis has made us stronger, says DHL chief

[ August 5, 2020   //   ]

Global freight and parcels giant Deutsche Post DHL Group says it “has successfully weathered the crisis so far” with “significant increase in revenue and operating profit in the second quarter” in its latest financial statement.
Group revenue grew by 3.1% to €16.0 billion in spite of Covid-19, while operating profit jumped by 18.6% to €912 million.
Chief executive Frank Appel said: “More than on any occasion before, the crisis has shown the resilience of Deutsche Post DHL Group. Thanks to the tireless efforts of our 550,000 employees worldwide, we have been able to secure supplies to the world and maintain important supply chains for the industry – even in extremely challenging times.”
The focus would now be on the group’s profitable core logistics businesses and the digital transformation of the company as part of its Strategy 2025. “We have never been in better shape and I am confident that our company will emerge stronger from the crisis,” Appel added.