Strong third quarter for Deutsche Post DHL

Deutsche Post DHL Group says its third quarter earnings before interest and tax (EBIT) rose by 15% to around €2.040 billion. Group EBIT for the first nine months of this year reached around €6.5 billion (compared with €5.765 billion for the same period in 2021). It added that 2022 EBIT guidance will be increased with the formal release of full third quarter 2022 earnings on 8 November. E-commerce volumes are coming closer ... [+]

DHL acquires Down Under

Deutsche Post Group’s DHL Supply Chain arm is to acquire 100% of Australian road and contract logistics specialist Glen Cameron Group. It operates a fleet of 1,000 trucks and trailers, and has more than 820 employees across the country. The move will create one of the largest logistics companies in the ... [+]

Record results for DHL – but uncertain times ahead

Against the background of the war in Ukraine, Deutsche Post DHL Group’s announcement of record results for 2021 – which would be major news under almost any other circumstances - seemed almost irrelevant. At a press conference on 9 March, group chief executive Frank Appel said that everyone at the company ... [+]

Competition watchdog calls in DHL Hillebrand purchase

The UK’s Competition and Markets Authority says it will investigate Deutsche Post DHL Group’s planned acquisition of specialist drinks forwarder, JF Hillebrand Group, announced last August. DP DHL had signed an agreement to acquire up to 100% of r JF Hillebrand Group and its subsidiaries for around €1.5 billion and ... [+]

DHL to buy drinks forwarder Hillebrand

Deutsche Post DHL Group has signed an agreement to acquire up to 100% of specialist beverages forwarder JF Hillebrand Group and its subsidiaries for around €1.5 billion. It will be combined with DHL’s Freight division.  Hillebrand specialises in ocean freight forwarding, transport and logistics of beverages, non-hazardous bulk liquids and other ... [+]

DHL surge continues

Deutsche Post DHL Group said it more than tripled its earnings to €1.9 billion in the first quarter 2021, net profit jumps to €1.2 billion.What chief executive Frank Appel described as “the best opening quarter ever “ followed a record result in 2020. The group benefited from the continued strong momentum ... [+]

E-commerce boom lifts DHL

Deutsche Post DHL Group saw strong growth in the third quarter of 2020. In an economic climate dominated by Covid-19, revenue grew by 4.4% to €16.2 billion while ‘organic’ revenue – after adjusting for portfolio and currency effects – was up by 9.0%. The group says it has benefitted from the ... [+]

Crisis has made us stronger, says DHL chief

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 ... [+]

Virus clouds DHL financial outlook

Deutsche Post DHL Group said that it had achieved record earnings in 2019 but that its 2020 earnings guidance of €5bn is, as of now, excluding any effect induced by the Coronavirus. Chief executive Frank Appel said: “It is currently hard to judge how strong the impact will be.” In recent weeks, ... [+]

DHL team complete cyclone mission

Deutsche Post DHL’s Disaster Response Team moved nearly 800 tonnes of aid to south-east Africa after it was struck by cyclone Idai. The 12-strong team was deployed at Beira Airport between March 24 and April 12at the request of the United Nations, handling incoming relief goods and coordinating aid for ... [+]

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