DHL reports steady Q3 growth

Group revenue at Deutsche Post DHL Group grew by 4.7% in the third quarter (Q3) to €15.6 million.

DHL’s operating profit nearly tripled in the quarter from €376 million in 2018 to €942 million this year. Last year there were non-recurring expenses that impacted the figures. E-commerce helped drive the German parcel business but all five divisions reported strong growth..

Frank Appel, CEO of Deutsche Post DHL Group commented: “We had a very good third quarter. All five divisions performed well despite the challenging global economic environment. Thanks to our broad portfolio and the market-leading position of our divisions, we are growing even in uncertain times..for the fourth quarter, we anticipate a traditionally strong holiday season and we reaffirm our guidance for the full year 2019.”

Share

Comments are closed.