Q4/FY 2018 Reporting
March 7, 2019 – Conference Call
Dr Frank Appel (CEO) and Melanie Kreis (CFO) presented and explained the Group financial results for the reporting period during a conference call on March 7, 2019.
Deutsche Post DHL Group was able to increase consolidated revenue in financial year 2018, although strong currency effects had a significant negative impact. After we had adjusted our earnings forecast for the full year in June 2018 for the PeP division from around €1.50 billion to around €0.6 billion and for the Group from around €4.15 billion to around €3.2 billion, EBIT was in line with our adjusted expectations. In the Post - eCommerce – Parcel division, restructuring expenses, in particular, had a significant negative impact on earnings. Express continued to grow strongly and Global Forwarding, Freight made visible progress in its operational business. Supply Chain earnings were impacted by negative one-off effects. Capital expenditure was again higher than in the previous year, whilst free cash flow fell below the prior-year figure, as expected since June. All in all, the Board of Management views the Group’s financial position as being sound.
Selected key figures financial year 2018
|Profit from operating activities (EBIT)||€m
|Return on sales1)||%||6.2||5.1||–||7.3||6.7||–|
|EBIT after asset charge (EAC)||€m
|Consolidated net profit for the period2)||€m
|Free cash flow||€m
|Return on equity before taxes||%||27.5||19.3||–||–||–||–|
|Earnings per share4)||€||2.24||1.69||–24.6||0.69||0.66||–4.3|
|Dividend per share||1.15||1.155)||–||–||–||–|
|Number of employees6)||519,544||547,459||5.4||–||–||–|
- After deduction of non-controlling interests.
- Calculation see Group Management Report, page 49.
- Basic earnings per share.
- Headcount at the end of the year, including trainees.
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