Deutsche Post DHL Group reports €24 billion Q2 revenue

Deutsche Post DHL Group reports €24 billion Q2 revenue

Deutsche Post DHL Group has announced that it generated a double-digit revenue and EBIT growth in the second quarter.

In a statement issued today (5 August), Deutsche Post DHL reported that its group revenue rose 23.4% year-on-year to €24 billion for the quarter, while group EBIT rose to a record €2.3 billion.

Group EBIT for the first half of the year was €4.5 billion.

Commenting on the results, CEO Frank Appel: “Thanks to the outstanding efforts of our employees we provide our customers with reliable logistics solutions also in volatile times.

“This strength is reflected in the excellent earnings performance and will continue to pay off in the future

“Our customers appreciate logistics services more than ever before. Based on our strong international footprint coupled with the most modern infrastructure, we are able to offer reliable solutions in an increasingly complex environment across all sectors. We remain solid as a rock in uncertain times.”

CFO Melanie Kreis addded: “We have significantly improved our financial strength through a strong operating performance in recent quarters. Greater financial flexibility prepares us for any scenario. Thanks to our strong balance sheet, we can proceed as planned with our targeted investments of around EUR 12 billion by 2024. In doing so, we are creating the conditions for long-term growth beyond the significantly improved earnings level of recent quarters.”

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