11/04/2021, 07:00 AM CET
Deutsche Post DHL Group expects record earnings in 2021 of more than EUR 7.7 billion - mid-term outlook also raised
The dynamic development was driven in particular by the noticeable increase in global trade.
- Growth continued in the third quarter of 2021: Group revenue up 23.5 percent to EUR 20.0 billion
- Preliminary quarterly figures confirmed: Operating profit (EBIT) improved by 28.6 percent to EUR 1.8 billion
- Earnings guidance raised to record level: Group EBIT of more than EUR 7.7 billion in 2021
- CEO Frank Appel: "We achieved a sustainably higher level of earnings and anticipate for 2023 an EBIT of more than EUR 8.0 billion."
Deutsche Post DHL Group again grew strongly in the third quarter of the current financial year 2021. The Group increased its revenue by 23.5 percent year-on-year to EUR 20.0 billion. The dynamic development was driven in particular by the noticeable increase in global trade. This led to a strong demand for logistics services worldwide and a jump in earnings, particularly at the DHL divisions. Although brick-and-mortar retail has reopened, the shipment volumes in e-commerce stabilized on a higher level.