Deutsche Post DHL Group took another major step on its journey to achieve its strategic and financial goals with revenue and profits growing in 2017.
Revenue increased by 5.4 per cent to €60.4 billion and consolidated net profit was up 2.8 per cent to €2.7 billion, with revenue increasing in all divisions.
Post – e-commerce – parcel revenue was up 6.4 per cent to €18.1 billion, Express by 9.5 per cent to €15 billion, Global Forwarding and Freight by 5.4 per cent to €14.5 billion and Supply Chain by 1.4 per cent to €14.1 billion.
Group earnings before interest and tax (EBIT) were up 7.2 per cent to €3.7 billion, with Post EBIT increasing 3.9 per cent to €1.5 billion.
Among the DHL divisions, Express EBIT increased by 12.4 per cent to €1.7 billion and Global Forwarding by 3.5 per cent to €297 million, while Supply Chain EBIT was down three per cent to €555 million.
Deutsche Post DHL Group chief executive officer, Frank Appel says: “In 2017 we took another major step on the road to achieving our strategic and financial goals for 2020. With our international focus and our firm orientation towards the fast-growing e-commerce market, we implemented the right measures early on and are now positioned better than ever for future growth.
“At the same time, we are increasingly leveraging the digitalisation opportunities that present themselves in all four divisions and expanding our foundation for a successful future.”