Deutsche Post-DHL

Deutsche Post DHL reports strong 2022 results, moderating Q4 performance

German transport and logistics giant Deutsche Post DHL reported Thursday somewhat slack fourth-quarter 2022 results as macroeconomic growth slowed. However, the numbers did little to obscure the strong year that the company experienced.

In the fourth quarter, total revenue came in at $24.7 billion (23.77 billion euros), a 1.7% year-on-year gain. Profits from operating activities dropped 13% to $2.02 billion. Diluted earnings per share was $1.15, a 7.6% year-on-year decline but above analysts’...

https://www.freightwaves.com/news/deutsche-post-dhl-reports-strong-2022-results-moderating-q4-performance

Deutsche Post DHL raises full-year earnings outlook

DHL delivery vans parked in a row

German transport and logistics giant Deutsche Post DHL Group (OTC US: DPSGY) said Monday it will raise its full-year earnings guidance after reporting better-than-expected third-quarter and nine-month results.

Deutsche Post DHL said it expects full-year earnings before interest and taxes to come in higher than the 8 billion euros ($7.7 billion) that was originally forecast. Third-quarter EBIT was revised to $1.98 billion from $1.7 billion, while nine-month results were revised to $6.3 billion...

https://www.freightwaves.com/news/deutsche-post-dhl-raises-full-year-earnings-outlook

DHL survey says COVID fades as international concern for US SMBs

A mustard-colored jet with red DHL lettering on the tarmac.

COVID-19 has faded in importance for much of the nation. That also seems to go for a good-sized number of U.S.-based small to midsize businesses.

A survey of more than 4,000 of those businesses, commonly known by the acronym SMB, found that only 12% consider the pandemic to be their biggest business challenge for the rest of 2022. That was compared with 29% polled at the same time in 2021.

About 61% of respondents in the current survey said that supply chain delays would be their biggest...

https://www.freightwaves.com/news/dhl-survey-says-covid-fades-as-international-concern-for-us-smbs

Tobias Meyer to suceed Frank Appel as next CEO of DPDHL

Deutsche Post DHL Group has named Tobias Meyer (above) as group chief executive from May 2023, after extending current CEO Frank Appel’s contract a further six months.
Dr Appel’s contract was due to expire next year, but the supervisory board today said he would now step down at the 2023 annual general meeting.
Chairman Nikolaus von Bomhard said: “Frank Appel’s performance during more than 13 years at the top of DPDHL Group …

The post Tobias Meyer to suceed Frank Appel as next CEO of DPDHL...

https://theloadstar.com/tobias-meyer-to-suceed-frank-appel-as-next-ceo-of-dpdhl/

Deutsche Post DHL posts sizzling Q3 results, raises 2021, 2023 outlooks

A rendering of a mustard-colored DHL electric cargo aircraft flying in the clouds.

German transport and logistics giant Deutsche Post DHL posted very strong third-quarter results on Thursday, with revenue up 23.5% to $23.1 billion, operating profit up 28.6% to nearly $2.1 billion and operating margins increasing to 8.8% from 8.5%.

The company also raised its 2021 guidance for earnings before interest and taxes (EBIT) to a record $8.9 billion, above the initial full-year estimate of nearly $8.1 billion made in early October when the company disclosed preliminary results for the...

https://www.freightwaves.com/news/deutsche-post-dhl-posts-sizzling-q3-results-raises-2021-2023-outlooks

Deutsche Post DHL posts strong interim quarterly results, will raise full-year outlook

German shipping and logistics giant Deutsche Post DHL posted strong preliminary third-quarter results on Thursday, and said it plans to raise its outlook for 2021 when it reports final quarterly figures early next month.

Earnings before interest and taxes (EBIT) rose 28% year-on-year to slightly more than US$2 billion, the Bonn-based company said. EBIT through the first nine months was $6.6 billion, which exceeded the company’s bottom-line results for all of 2020, the company said.

Deutsche Post...

https://www.freightwaves.com/news/deutsche-post-dhl-posts-strong-interim-quarterly-results-will-raise-full-year-outlook

Deutsche Post DHL reports best first-quarter results in its history

Deutsche Post DHL Group (NASDAQ:DPSGY) reported on Wednesday strong first-quarter results that led the German transport and logistics giant to substantially increase full-year earnings guidance and cash flow targets.

For the quarter, revenue rose 26% from 2020 levels to $22.7 billion, while free cash flow increased by one-third to $1.9 billion. Earnings before interest and taxes (EBIT) more than tripled to nearly $2.3 billion. Net income rose to more than $1.4 billion. The profit figures were...

https://s29755.pcdn.co/news/deutsche-post-dhl-reports-best-first-quarter-results-in-its-history

DHL steps up its bid to go from ‘yellow’ to green with new emissions targets

DHL has joined hundreds of major companies in signing up to the Science-Based Targets initiative (SBTi), part of its accelerated roadmap to decarbonisation.
It has also promised investment in climate-neutral logistics of €7bn ($8.35bn), up to 2030.
Some 1,200 companies are now using the SBTi, which aims to cut global greenhouse gas (GHG) emissions, and must follow a “rigorous process” to develop an emissions reduction target in line with  the initiative’s criteria.
The …

The post DHL steps up...

https://theloadstar.com/dhl-steps-up-its-bid-to-go-from-yellow-to-green-with-new-emissions-targets/

As expected, Deutsche Post DHL posts strong 2020 results

German logistics giant Deutsche Post DHL Group (OTCMKTS: DPSGY) reported Tuesday that its 2020 operating profit hit about $5.8 billion, higher than the original estimates of between $4.9 billion and $5.3 billion and essentially matching preliminary results the company disclosed in January.

DPDHL also forecast about $6.6 billion in 2021 operating profit, slightly above the preliminary forecast in January. DPDHL, which traditionally delivers rolling three-year forecasts, predicted that 2023...

https://s29755.pcdn.co/news/as-expected-deutsche-post-dhl-posts-strong-2020-results

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