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Low-key start to year for DHL – updated

[ May 1, 2025   //   ]

DHL Group says it started 2025 with “slight revenue and earnings growth”. In the first quarter, Group revenue was €20,809 million, up 2.8% from the previous year. Operating profit (EBIT) increased by 4.5% to €1,370 million compared to the same period last year (Q1 2024: €1,311 million).

The company said: “The economic environment in the first quarter of 2025 was characterized by US customs and trade policy and general economic caution. Nevertheless, we continued the positive momentum of the previous quarters with slight revenue and earnings growth. This is also the result of our stringent cost and yield management.”

Chief executive Tobias Meyer told the Group’s annual general meeting on 2 May: “In 2024, the economy has still not really recovered. We therefore started the year with little momentum but picked up speed in the second half of the year. And were able to close the past fiscal year with a good performance overall.”

He added: “It goes without saying that the US is an important market. But the majority of world trade takes place without the US. Around three quarters of global trade now involves neither US imports nor US exports. If the US closes itself off more, other countries will benefit. Other trade lanes will then become more important.”

He added that he wanted to double DHL’s share of the pharmaceutical and medical sector by 2030 and was investing a further €2 billion in this area, along with a new DHL Health Logistics brand.

Other new services segments include wind and solar energy, electric vehicles and batteries.

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