DP-DHL enjoyed a strong third quarter on the back of surging e-commerce volumes, and looks set for a better full-year performance than in 2019.
Revenues in Q3 grew 4.4% year on year, to €16.2bn ($1.65bn), while ebit increased 50% to €1.4bn, and the group now anticipates ebit of €4.1bn to €4.4bn for 2020, against last year’s €4.1bn.
Free cash flow increased by more than €750m to some €1.3bn, and the group has …
The post E-commerce the star performer, driving growth for DP-DHL in Q3 appeared first...
https://theloadstar.com/e-commerce-the-star-performer-driving-growth-for-dp-dhl-in-q3/