Deutsche Post-DHL today reported a 28.1% year-on-year increase in group ebit for the first quarter.
In a busy three months it completed the sale of its contract logistics business in China to SF Holding and reorganised its postal and e-commerce divisions.
Its freight forwarding unit, which has come under the microscope in recent years, also posted significant gains, with revenue growing 4.8% to reach €3.8bn and ebit up 42.9% year on year …
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https://theloadstar.com/restructure-delivers-the-goods-deutsche-post-dhl-reports-q1-results/