Key figures
Q1 2018
| Q1 2017 |
Q1 2018 |
+/–% | ||
| Revenue |
€m |
14,883 | 14,749 | –0.9 |
| Profit from operating activities (EBIT) | €m |
885 | 905 | 2.3 |
| Return on sales1) | % | 5.9 | 6.1 | – |
| EBIT after asset charge (EAC) | €m |
487 | 313 | –35.7 |
| Consolidated net profit for the period2) | €m |
633 | 600 | –5.2 |
| Free cash flow | €m |
–430 | –679 | –57.9 |
| Net debt3) | €m |
1,938 | 11,915 | >100 |
| Earnings per share4) | € | 0.52 | 0.49 | –5.8 |
| Number of employees5) | 519,544 | 524,586 | 1.0 |
- 1)
- EBIT/revenue.
- 2)
- After deduction of non-controlling interests.
- 3)
- Prior-period amount as at 31 December, for the calculation see page 5 of the Interim Group Management Report.
- 4)
- Basic earnings per share.
- 5)
- Headcount at the end of the first quarter, including trainees; prior-period amount 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
Q1 2017
adjusted 1)Q1 2018
+/– %
Revenue
4,545 4,622 1.7 of which Post
2,558 2,520 –1.5 eCommerce – Parcel
2,053 2,164 5.4 Other/Consolidation Post
–66 –62 6.1 Profit from operating activities (EBIT)
425 383 –9.9 of which Germany 412 391 –5.1 International Parcel and eCommerce 13 –8 <–100 Return on sales (%) 2)
9.4 8.3 – Operating cash flow
176 –118 <–100 - 1)
- Conversion of reporting to the business unit consolidated view and reclassification of business areas.
- 2)
- EBIT/revenue.
-
Key figures by operating divisions
€m
Q1 2017
adjusted1)
Q1 2018
+/– %
Revenue
3,595 3,772 4.9 of which Europe
1,595 1,746 9.5 Americas
718 748 4.2 Asia Pacific
1,333 1,322 –0.8 MEA (Middle East and Africa)
280 275 –1.8 Consolidation/Other
–331 –319 3.6 Profit from operating activities (EBIT)
396 461 16.4 Return on sales (%)2)
11.0 12.2 – Operating cash flow
340 621 82.6 - 1)
- Conversion of reporting to the business unit consolidated view and reclassification of business areas.
- 2)
- EBIT/revenue.
-
Key figures by operating divisions
€m
Q1 2017
adjusted1)
Q1 2018
+/– %
Revenue
3,546 3,591 1.3 of which Global Forwarding
2,503 2,534 1.2 Freight
1,080 1,092 1.1 Consolidation/Other
–37 –35 5.4 Profit from operating activities (EBIT)
40 70 75.0 Return on sales (%)2)
1.1 1.9 – Operating cash flow
–64 –30 53.1 - 1)
- Conversion of reporting to the business unit consolidated view and reclassification of business areas.
- 2)
- EBIT/revenue.
-
Key figures by operating divisions
€m
Q1 2017
adjusted1)Q1 2018
+/– %
Revenue
3,523 3,124 –11.3 of which EMEA (Europe, Middle East and Africa)
1,772 1,686 –4.9 America
1,161 947 –18.4 Asia Pacific
597 505 –15.4 Consolidation/Other
–7 –14 –100.0 Profit from operating activities (EBIT)
99 55 –44.4 Return on sales (%)2)
2.8 1.8 – Operating cash flow
–104 2 >100 - 1)
- Conversion of reporting to the business unit consolidated view and reclassification of business areas.
- 2)
- EBIT/revenue.
Outlook
The management board expects in 2018 the consolidated EBIT to reach around €3.2 billion. The Post - eCommerce - Parcel division is likely to contribute at around €0.6 billion to this figure including the expected restructuring costs while the DHL divisions are still expected to reach around €3.0 billion. The Corporate Functions result is expected to be at €0.42 billion, including the unchanged projection for Corporate Center/Other of a result of around €–0.35 billion.
The earnings forecast for 2020 is confirmed. Consolidated EBIT is expected to reach more than €5.0 billion. The Post - eCommerce - Parcel division is expected to contribute around €1.7 billion of this and the earnings contribution of the DHL divisions is forecasted to reach around €3.7 billion. Corporate Functions is forecast to reach around €–0.35 billion.
In 2018 we intend to invest around €2.5 billion plus around €0.2 billion for the debt-financed renewal of the Express intercontinental aircraft fleet.
The reported Group Free Cash Flow for the full year 2018 excluding the debt-financed renewal of the Express intercontinental aircraft fleet is expected to exceed a minimum of €1.0bn.
(As at June 8, 2018)