DP-DHL’s 4Q Express, GF growth outweighed by PeP weakness

Despite revenue growth across all segments during the fourth quarter, and operating profit (EBIT) growth in the Express and Global Forwarding segments, Deutsche Post-DHL Group (DP-DHL) reported Group EBIT declines of 4.0% year-over-year to €1.13 billion, and 15.5% to €3.16 billion for the 4Q and FY2018 respectively, due to sharp declines in the Post-eCommerce-Parcel (PeP) segment. PeP EBIT fell 28.4% and […]
  • Caryn Livingston
  • March 7, 2019

DP-DHL 3Q operating profit under pressure from PeP division

Ongoing challenges in Deutsche Post-DHL Group’s (DP-DHL) Post-eCommerce-Parcel (PeP) segment depressed an otherwise positive third quarter for the Group. While DP-DHL posted operating profit (EBIT) gains in Express, Global Forwarding and Freight, and Supply Chain segments, a substantial year-over-year decrease in third quarter EBIT for the PeP division weighed heavily on the Group’s overall EBIT […]
  • Chelsea Toczauer
  • November 6, 2018

SF Express’ parent company to acquire DHL’s supply chain ops in China

Deutsche Post DHL Group (DP-DHL) will transfer its regional supply chain operations in Macau, Mainland China, and Hong Kong to SF Holding, the parent company of Shenzhen-based SF Express, the two companies announced today. Once the deal – which includes an upfront payment from SF Holding of €700 million, plus revenue-based royalties for the next decade – […]
  • Charles Kauffman
  • October 26, 2018

DHL GF the latest legacy forwarder to digitalize air freight bookings

The phone call that was once required for a shipper to book an airfreight shipment with a legacy forwarder may soon become unnecessary for general freight shipments. On 30 November, DHL Global Forwarding announced it was expanding the capabilities of its customer portal DHL Interactive Online Freight, with the introduction of an Online Freight Quotation […]
  • Charles Kauffman
  • December 1, 2017

Express & e-commerce drive first-quarter growth at DP-DHL

Deutsche Post-DHL reported first-quarter net profit down slightly (0.9%) y-o-y to €633 million, as total revenue rose 7.3% to €14.88 billion. Operating profit (EBIT) for the quarter was up 1.4% to €885 million. As is often the case, the reported results tell only part of the story. In the first quarter of 2016, DP-DHL’s Supply […]
  • David Harris
  • May 11, 2017

Record fourth-quarter earnings cap a great year for DP-DHL

Capitalizing on strong e-commerce growth and on a return to financial health by its forwarding arm, Deutsche Post-DHL reported net profit up more than 25% to €841 million in the fourth quarter of 2016. The big jump came despite revenue remaining almost flat (up just 0.5%) at €15.41 billion. Operating profit (EBIT) for the quarter […]
  • David Harris
  • March 10, 2017

UPS and DHL on the acquisition trail

Two of the world’s big three integrators have recently made significant acquisitions. UPS acquires Marken. UPS bought itself a Christmas present in the form of Marken, a privately-owned, US-based company that specializes in providing clinical trial logistics solutions to the life-sciences industry. The acquisition will provide a significant boost to UPS’ presence in the healthcare […]
  • David Harris
  • January 13, 2017

DP-DHL doubles third-quarter profit

Deutsche Post-DHL’s third-quarter net income more than doubled year-over-year to €1.79 billion, as total revenue declined 3.9% to €13.86 billion. Operating profit (EBIT) in the quarter almost tripled to €755 million. This somewhat odd-looking combination – net income and EBIT up by triple-digit percentages in the face of falling revenue – resulted from  a combination of […]
  • David Harris
  • November 10, 2016
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