Deutsche Post DHL Posts 12% Growth in Express in H1 2015

Deutsche Post DHL has published its first half financial figures for 2015. The Group reports financials for four segments: Post – eCommerce – Parcel; Express; Global Forwarding, Freight and Supply Chain.

 

– Post – eCommerce – Parcel generated H1 2015 revenues of €7,813 million, up 2.8% from H1 2014 revenues of €7,602 million.
– Express generated H1 2015 revenues of €6,695 million, up 12.2% from H1 2014 revenues of €5,968 million.
– Global Freight Forwarding generated H1 2015 revenues of €7,567 million, up 5.7% from H1 2014 revenues of €7,161 million.
– Supply Chain generated H1 2015 revenues of €7,987 million, up 12.1% from H1 2014 revenues of €7,124 million.

 

In the first half of 2015, DPDHL reported a significant decline in postal volumes, although postal revenues did not decline at the same rate, falling 2.7% to €4,816 million (previous year: €4,949 million).

 

The company’s domestic and cross-border parcel operations are consolidated in the eCommerce – Parcel business unit. In the first half of 2015, revenue increased by 13.0% to €2,997 million (previous year: €2,653 million). The company reported that domestic and cross-border parcel volumes continue to grow despite the labour strike. Volumes were driven by e-commerce, growing by 9.5% to 528 million parcels. Revenues grew also, rising from €1,853 million to €2,052 million. In addition, DPDHL’s domestic and cross-border parcel business in Europe continued to see encouraging growth. The company increased sales quantities in all markets and expanded our portfolio of services. Revenue increased by 6.7% in the reporting period to €350 million (previous year: €328 million).

 

DPDHL H1 2015 ecommerce image

Although revenue rose compared with the previous year, higher material and labour costs, the continued expansion of DPDHL’s parcel network and in particular the impact of the strike led to a notable decrease in EBIT. Division EBIT declined from €585 million in the previous year to €474 million in the reporting period.

 

Revenues from the Express division grew 12.2% in the first half of 2015 to €6,695 million (previous year: €5,968 million). In the Time Definite International (TDI) product line, daily revenues rose by 3.7% in the first half and per-day customer shipments increased by 7.9% compared with the prior-year period. In the Time Definite Domestic (TDD) product line, daily revenues increased by 2.7% and per-day shipment volumes by 5.5% in the first half of the year.

 

DPDHL H1 2015 express image

Please see the full Financial Report here. Apex Insight covers the European Parcels Market with detailed insight and analysis. Please see our full report catalogue for further details.

 

 

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