Financial figures Q3
Deutsche Post DHL Group continued to show strong growth in the third quarter of 2022. Compared with the prior-year quarter, the Group increased its revenue by 20.0 percent to EUR 24.0 billion. Even in a weakening macroeconomic environment, the Group was able to efficiently utilize its global networks thanks to flexible structures and close cooperation between the divisions. Returning growth in the domestic parcel business and the ongoing trend towards e-commerce also contributed to this. Operating profit (EBIT) improved accordingly by 15.2 percent to EUR 2.0 billion. At 8.5 percent, the EBIT margin was slightly below the prior-year level (Q3 2021: 8.8 percent).
DHL Global Connectedness Index: Globalization proves resilient during Covid-19 crisis
DHL and the NYU Stern School of Business released the 2021 update of the DHL Global Connectedness Index. Now in its 10th year, this report provides a fresh view on the impact of the pandemic on globalization by analyzing international flows of trade, capital, information, and people. While there are different trends across types of flows, the overall DHL Global Connectedness Index just declined very modestly in 2020 and is on track to rise in 2021. Nonetheless, the Covid-19 'stress test' also revealed longstanding vulnerabilities that demand attention moving forward.
Accelerated roadmap to decarbonization
Deutsche Post DHL Group is increasing the pace of its planned decarbonization of the company. To this end, the Group is investing a total of 7 billion euros (Opex and Capex) over the next ten years in measures to reduce its CO2 emissions. The funds will flow in particular into alternative aviation fuels, the expansion of the zero-emission e-vehicle fleet and climate-neutral buildings. Along the way towards its zero emissions target by 2050, which has already been in force for 4 years, the company is committing to new, ambitious interim targets.
Thanks to an array of 10,000 StreetScooter vehicles (as of August 2019), developed and manufactured inhouse, and some 12,000 e-bikes and e-trikes, Deutsche Post DHL Group today operates the largest electric fleet in Germany. For the good of the environment and its customers, the company plans to replace its entire mail and parcel delivery fleet in the mid-term with electric vehicles that are charged with electricity generated from renewable energy sources.
DHL Global Trade Barometer
The DHL Global Trade Barometer is a new and unique early indicator for the current state and future development of global trade. It is based on large amounts of logistics data that are evaluated with the help of artificial intelligence. The indicator has been developed in cooperation between DHL, the world’s leading logistics company, and IT service provider Accenture. It is published four times a year.
Sustainable fuels for logistics
Even in this digitally connected age, logistics still relies on a physical network to get transports from A to B. That network forms the backbone of global trade that drives prosperity around the world. As the leading company in our industry, we at Deutsche Post DHL Group are proud of the work we do to connect people in every part of the world and enable progress around the globe. Our industry must also assume a special responsibility for the future, not least because of the vital role that logistics plays in value creation and growth. The reason is clear: A sustainable economy is unthinkable without sustainable logistics.
With its "Strategy 2025 – Delivering excellence in a digital world" the Group is laying the foundation to continue its successful growth trajectory beyond the horizon defined by the previous "Strategy 2020". The company will be focusing even more consistently on harnessing the sustained potential for profitable long-term growth contained in its core logistics businesses. Furthermore, it will be stepping up the digital transformation of the Group that is already underway in all business divisions.
DHL study reveals winning logistics strategies for the last mile
Increasing urbanization is making the last mile of delivery more complex and critical for the success of e-commerce companies, according to new research by DHL and market research company Euromonitor. With over 600 million more people forecast to live in urban environments by 2030 and new technologies creating opportunities for both service enhancement and disruption, online retailers and their logistics partners are being challenged to embrace bold new approaches in order to survive and compete.
From Startup to Catwalk: How DHL is stirring up the fashion industry
At first glance, fashion and logistics don't have much in common. The world of fashion, on the one hand, is glitzy, highly creative and seems to be all about style, beauty and the latest trends. The transport and logistics industry - the world of trucks containers and pallets - is, on the other hand, highly pragmatic. But the two worlds have more in common than you might think. In both industries, factors such as time, precision and attention to detail play huge roles.