Dpdhl: We had the best opening quarter ever
Deutsche Post DHL Group continued to grow dynamically in the first quarter of 2021. The Group increased its revenue significantly by 22.0 % to EUR 18.9 billion.
Operating profit (EBIT) more than tripled to EUR 1.9 billion, making it the strongest opening quarter ever.
All five divisions were able to significantly increase EBIT. The Group even slightly exceeded the preliminary quarterly figures published in April.
Against the backdrop of the good earnings performance, Deutsche Post DHL Group has raised its short- and medium-term targets: For 2021, the Group expects EBIT of more than EUR 6.7 billion and free cash flow of more than EUR 3.0 billion. For 2023, the company forecasts EBIT of more than EUR 7.0 billion.
Frank Appel, CEO of Deutsche Post DHL Group commented: “We had the best opening quarter ever and were able to unleash our full strength as a Group. All five of our divisions are on track for growth and are ideally positioned to benefit from the continuing boom in e-commerce and the resurgence in global trade. Our 570,000 employees are operating our networks more efficiently than ever before. This makes me optimistic about the future.”