Deutsche Post DHL – strong Q3 growth

Preliminary Group operating profit for Deutsche Post DHL in the third quarter of the financial year was €1.37 billion, up from €942 million in the same period in 2019.

The company has attributed this to the uptick in e-commerce volumes in the pandemic, and the growth in profit is even with a pandemic bonus of €300 to all 550,000 employees worldwide – a total cost of €165 million.

“Our business has performed very well in the third quarter. Thanks to the outstanding commitment of our 550,000 employees worldwide we were able to significantly benefit from the dynamic e-commerce growth in our businesses”, said Frank Appel, CEO Deutsche Post DHL Group. “We are now fully focused on preparing for an exceptionally strong Christmas business. For this, the safety of our employees and the quality of service for our customers remain our top priorities.”