Deutsche Post DHL Group Publishes Preliminary Third Quarter Results and Will Raise 2022 EBIT Guidance

• Group EBIT rose by 15% to round EUR 2.040 billion in third quarter 2022
• 2022 EBIT steering might be elevated on November, 8
• CEO Frank Appel: “The breadth of our well diversified logistics services provides us with resilience to successfully cope with a fast changing economic environment.”

Deutsche Post DHL Group, the world’s main logistics firm, has right this moment launched preliminary outcomes for the third quarter of 2022. The Group’s EBIT reached round EUR 2.040 billion within the third quarter 2022 (Q3 2021: EUR 1.771 billion). Thus, Group EBIT for the primary 9 months of this yr reached round EUR 6.5 billion (9M 2021: EUR 5.765 billion). Therefore, 2022 EBIT steering (at the moment: EUR 8.0 billion +/-5%) might be revised upwards with the formal launch of full third quarter 2022 earnings on November 8, 2022.

E-commerce pushed cargo volumes coming nearer to strongly elevated ranges delivered final yr

The Group has recorded a superb business growth within the third quarter of this yr. As anticipated, year-on-year comparability of e-commerce pushed B2C cargo volumes improved within the third quarter of 2022, after volumes recorded a extra pronounced decline within the first half of 2022. Against the backdrop of general macroeconomic uncertainties, transport volumes within the B2B business mirrored a softer demand. Consequently, the capability state of affairs in Ocean and Air Freight markets has eased. Overall community actions in all DHL divisions maintained good utilization ranges resulting in an improved EBIT.

Express: EBIT within the Express division reached round EUR 1,010 million within the third quarter of 2022 in comparison with earlier yr’s quarter of EUR 971 million.

Global Forwarding, Freight: EBIT in Global Forwarding, Freight stood at round EUR 585 million within the third quarter of 2022, as soon as extra clearly forward of earlier yr’s quarter of EUR 372 million.

Supply Chain: EBIT at Supply Chain got here in at round EUR 220 million in Q3 2022, additionally effectively above final yr’s quarter consequence which stood at EUR 142 million.

eCommerce Solutions: eCommerce Solutions recorded EBIT of round EUR 85 million within the third quarter 2022 (Q3 2021: EUR 91 million).

Post & Parcel Germany: EBIT in Post & Parcel Germany within the third quarter 2022 was round EUR 285 million (Q3 2021: EUR 300 million).

The continued constructive earnings growth was efficiently transformed right into a rising free money circulation. Free money circulation within the third quarter 2022 amounted to greater than EUR 1.5 billion (Q3 2021: EUR 1.257 billion).

The complete disclosure for third quarter 2022 might be revealed as deliberate on November 8, 2022.

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Deutsche Post DHL Group is the world’s main logistic firm. The Group connects individuals and markets and is an enabler of world commerce. It aspires to be the primary selection for purchasers, staff and buyers worldwide. To this finish, Deutsche Post DHL Group is specializing in development in its worthwhile core logistics companies and accelerating the digital transformation in all business divisions. The Group contributes to the world via sustainable business practices, company citizenship and environmental actions. By the yr 2050, Deutsche Post DHL Group goals to attain net-zero emissions logistics.

Deutsche Post DHL Group is dwelling to 2 robust manufacturers: DHL presents a complete vary of parcel and worldwide categorical service, freight transport, and provide chain administration companies, in addition to e-commerce logistics options. Deutsche Post is Europe’s main postal and parcel service supplier. Deutsche Post DHL Group employs roughly 590,000 individuals in over 220 nations and territories worldwide. The Group generated revenues of greater than 81 billion Euros in 2021.

The logistics firm for the world.

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