- 13 January 2021
- Transport / Logistics Services
In its preliminary financial results, Deutsche Post DHL has announced it has seen consolidated revenue growth of 5% to €66.8 billion in the financial year 2020. The Group also had a record profit of €4.84 billion, outperforming earnings guidance of €4.1 billion.
The boom in e-commerce globally helped drive the revenue and profit growth, with its express, national and international parcel businesses.
“2020 was an exceptional year: despite all the challenges faced, we achieved a record result. Our strategy and business model have proven resilient – even in turbulent times for the global economy. Thanks to the incredible performance of our 550,000 employees all over the world we made a positive contribution to people and societies during the Covid-19 crisis. We are now focused on distributing the Covid-19 vaccine all over the world”, said Frank Appel, CEO Deutsche Post DHL Group.