Deutsche Post DHL continues profitable growth trajectory
Deutsche Post DHL Group increased both revenue and operating profit in Q3/2017. Group revenue rose by 5.6% to EUR 14.6 billion, with all four divisions contributing to the increase. The DHL Express division and the German and international parcel and e-commerce businesses continued to see solid growth.
With ebit of EUR 834 million (Q3/2016: EUR 755 million), the German service provider recorded its strongest ever Q3 and the eighth consecutive quarter in which the company has posted an all-time quarterly high.
Following the good business performance of the first nine months, the group is maintaining its forecast of an increase in ebit to around EUR 3.75 billion for full-year 2017. The corporation is also maintaining its forecast of an average increase in operating profit of more than 8% annually (CAGR) for the period from 2013 to 2020. (mw)