Deutsche Post DHL benefits from lockdown

Organic revenue growth at Deutsche Post DHL grew by 4.6% in the second quarter of 2020, driven by the e-commerce boom during the global economic lockdown. Operating profit (EBIT) grew by 18.6% to €912 million compared to Q2 2019.

Frank Appel, CEO of Deutsche Post DHL Group said: “More than on any occasion before, the crisis has shown the resilience of Deutsche Post DHL Group. Thanks to the tireless efforts of our 550,000 employees worldwide, we have been able to secure supplies to the world and maintain important supply chains for the industry even in extremely challenging times.

“Especially now, our focus on our profitable core logistics businesses and the digital transformation of the company as part of Strategy 2025 pays off. We have never been in better shape and I am confident that our company will emerge stronger from the crisis.”