Key figures

Q3 2018

    9M 2017
9M 2018
+/–% Q3 2017
Q3 2018
+/–%
Revenue
€m
44,335 44,624 0.7 14,639 14,849 1.4
Profit from operating activities (EBIT) €m
2,560 2,028 −20.8 834 376 −54.9
Return on sales1) % 5.8 4.5 5.7 2.5
EBIT after asset charge (EAC) €m
1,379 207 −85.0 447 –245 <–100
Consolidated net profit for the period2) €m
1,876 1,262 −32.7 641 146 −77.2
Free cash flow €m
457 –248 <–100 502 143 −71.5
Net debt3) €m
1,938 13,518 >100
Earnings per share4) 1.55 1.03 –33.5 0.53 0.12 −77.4
Number of employees5)   519,544 543,612 4.6
1)
EBIT/revenue.
2)
After deduction of non-controlling interests.
3)
Prior-period amount as at 31 December, for the calculation see page 7 of the Interim Group Management Report.
4)
Basic earnings per share.
5)
Headcount at the end of the third quarter, including trainees; prior-period number as at 31 December.

Divisional key figures

Deutsche Post DHL Group offers integrated services and customised solutions for the processing and transport of goods and information in a global market. The Group is organised into four operating divisions, each of which operates under the control of its own divisional headquarters. The Group management functions are performed by the Corporate Center.

  • Key figures by operating divisions

    €m
      9M 2017
    adjusted 1)
    9M 2018

    +/– %

    Q3 2017
    adjusted 1)
    Q3 2018

    +/– %

    Revenue

      13,114 13,351 1.8 4,302 4,329 0.6

    of which Post

      7,268 7,098 –2.3 2,367 2,262 –4.4

    eCommerce – Parcel

      6,050 6,469 6.9 2,006 2,141 6.7

    Other/Consolidation PeP

      –204 –216 –5.9 –71 –74 –4.2

    Profit from operating activities (EBIT)

      992 290 –70.8 307 –209 <–100
    of which Germany   990 294 –70.3 313 –207 <–100
    International Parcel and eCommerce   2 –4 <–100 –6 –2 66.7

    Return on sales (%) 2)

      7.6 2.2 7.1 –4.8
    Operating cash flow
      723 615 –14.9 264 294 11.4
    1)
    Conversion of reporting to the business unit consolidated view and reclassification of business areas.
    2)
    EBIT/revenue.
  • Key figures by operating divisions

    €m
      9M 2017
    adjusted1)

    9M 2018

    +/– %

    Q3 2017
    adjusted1)

    Q3 2018

    +/– %

    Revenue

      10,990 11,724 6.7 3,645 3,906 7.2

    of which Europe

      4,855 5,273 8.6 1,625 1,725 6.2

    Americas

      2,197 2,383 8.5 725 812 12.0

    Asia Pacific

      4,102 4,155 1.3 1,354 1,385 2.3

    MEA (Middle East and Africa)

      827 842 1.8 265 277 4.5

    Consolidation/Other

      –991 –929 6.3 –324 –293 9.6

    Profit from operating activities (EBIT)

      1,237 1,387 12.1 372 409 9.9

    Return on sales (%)2)

      11.3 11.8 10.2 10.5
    Operating cash flow 
      1,489 2,168 45.6 607 794 30.8
    1)
    Conversion of reporting to the business unit consolidated view and reclassification of business areas.
    2)
    EBIT/revenue.
  • Key figures by operating divisions

    €m
      9M 2017
    adjusted1)

    9M 2018

    +/– %

    Q3 2017
    adjusted1)

    Q3 2018

    +/– %

    Revenue

      10,691 10,976 2.7 3,533 3,683 4.2

    of which Global Forwarding

      7,581 7,784 2.7 2,518 2,641 4.9

    Freight

      3,224 3,298 2.3 1,053 1,076 2.2

    Consolidation/Other

      –114 –106 7.0 –38 –34 10.5

    Profit from operating activities (EBIT)

      174 281 61.5 67 106 58.2

    Return on sales (%)2)

      1.6 2.6 1.9 2.9
    Operating cash flow
     
    12 237 >100 112 67 –40.2
    1)
    Conversion of reporting to the business unit consolidated view and reclassification of business areas.
    2)
    EBIT/revenue.
  • Key figures by operating divisions

    €m
      9M 2017
    adjusted1)
    9M 2018

    +/– %

    Q3 2017
    adjusted1)
    Q3 2018

    +/– %

    Revenue

      10,533 9,607 –8.8 3,495 3,271 –6.4

    of which EMEA (Europe, Middle East and Africa)

      5,324 5,047 –5.2 1,792 1,676 –6.5

    America

      3,426 3,033 –11.5 1,092 1,071 –1.9

    Asia Pacific

      1,806 1,569 –13.1 618 536 –13.3
    Consolidation/Other
      –23 –42 –82.6 –7 –12 –71.4

    Profit from operating activities (EBIT)

      371 336 –9.4 148 153 3.4

    Return on sales (%)2)

      3.5 3.5 4.2 4.7
    Operating cash flow 
     
    211 386 82.9 176 253 43.8
    1)
    Conversion of reporting to the business unit consolidated view and reclassification of business areas.
    2)
    EBIT/revenue.

Outlook

After the end of the third quarter, we are confirming the earnings forecast adjusted in June of this year. This does not include any effects from the transaction of the Supply Chain business in China. The Board of Management expects consolidated EBIT to reach around €3.2 billion in financial year 2018. The Post - eCommerce - Parcel division is likely to contribute around €0.6 billion (including the expected restructuring costs) to this figure, whilst the DHL divisions are still expected to reach around €3.0 billion. The result of Corporate Functions as a whole is expected to be around €–0.42 billion, including the unchanged forecast of around €–0.35 billion for the Corporate Center/Other result, in addition to the first-time Corporate Incubations result of €–70 million.

For 2020, we continue to expect consolidated EBIT of more than €5.0 billion. The Post & Paket Deutschland and DHL eCommerce Solutions divisions, which will be established effective 1 January 2019 and are still included in the Post - eCommerce - Parcel division until 31 December 2018, are expected to contribute around €1.7 billion to this figure. For the DHL divisions Express, Global Forwarding, Freight and Supply Chain, we continue to expect aggregate EBIT to improve to around €3.7 billion in 2020. Management’s earnings forecast for Corporate Functions is also unchanged at around €–0.35 billion. (As at November 6, 2018)

Multi-year overview