Deutsche Post DHL Group posts strong growth in revenue and EBIT in the second quarter

Deutsche Post DHL Group increased revenue and operating profit significantly in the second quarter of 2017. Group revenue increased by EUR 623 million to EUR 14.8 billion, with the international parcel and eCommerce business and the global Express business in particular driving this strong growth. With EBIT of EUR 841 million, Deutsche Post DHL Group recorded the strongest second quarter in its history, and the seventh consecutive quarter in which the company has posted an all-time quarterly high.

– We are very satisfied with both the second quarter and the entire first half of the year. Our company is growing in all areas and steadily increasing earnings –  said Frank Appel, CEO of Deutsche Post DHL Group.

– Our good results so far this year demonstrate that we are right on track to achieve our EBIT targets for full-year 2017. We also remain optimistic about the coming years. All of our divisions, thanks to their focus on fast-growing markets such as global e-commerce, are optimally positioned for long-term growth –  added Appel.

Outlook: Earnings targets confirmed for 2017 and beyond

Following the successful first six months, the Group continues to forecast an increase in EBIT to around EUR 3.75 billion for full-year 2017. Deutsche Post DHL Group is also maintaining its forecast of an average increase in operating profit of more than 8% annually (CAGR) during the period from 2013 to 2020.