Deutsche Post - DPSTF STOCK NEWS

Deutsche Post DHL Group reported a significant increase in EBIT, rising 15% to approximately EUR 2.040 billion for Q3 2022, compared to EUR 1.771 billion in Q3 2021. Total EBIT for the first nine months reached around EUR 6.5 billion, up from EUR 5.765 billion year-on-year. The company plans to revise its 2022 EBIT guidance upwards on November 8. Positive e-commerce shipment volumes contributed to this growth, despite a decrease in B2B demand. Free cash flow also improved, exceeding EUR 1.5 billion.

Deutsche Post DHL Group reported a 23.4% increase in revenue, reaching EUR 24.0 billion for Q2 2022, with EBIT rising to EUR 2.3 billion, a 12.2% improvement year-on-year. Despite rising transport and energy costs, the Group confirmed its 2022 EBIT guidance of EUR 8.0 billion, even amid potential global economic slowdowns. Key growth sectors included Global Forwarding and Supply Chain, while challenges were noted in the Express division due to lockdowns in China. The Group aims for zero emissions logistics by 2050 and forecasts EUR 11 billion in cumulative free cash flow from 2022-2024.

In Q1 2022, Deutsche Post DHL Group reported a 19.8% revenue increase to EUR 22.6 billion. The B2B segment, especially Global Forwarding and Freight, drove operating profit (EBIT) to EUR 2.2 billion, rising from EUR 1.9 billion in Q1 2021. The EBIT margin was 9.6%. Free cash flow remained strong at EUR 1.1 billion. Outlooks for EBIT continue to project EUR 8.0 billion for 2022 and EUR 8.5 billion for 2024. CEO Frank Appel highlighted resilience amidst economic uncertainty.

Deutsche Post DHL Group has announced a leadership transition as the Supervisory Board extends CEO Frank Appel's contract to May 4, 2023. Tobias Meyer, currently CEO of Post & Parcel Germany, will succeed Appel after the Annual General Meeting. The transition aims to maintain continuity, leveraging Meyer’s extensive experience since joining the company in 2013. Nikola Hagleitner will replace Meyer as CEO of Post & Parcel Germany. The move aligns with the company's 'Strategy 2025', focusing on digitalization, sustainability, and eCommerce.

Deutsche Post DHL Group reported strong growth in Q3 2021 with a 23.5% increase in revenue, reaching EUR 20.0 billion. Operating profit (EBIT) grew 28.6% to EUR 1.8 billion, prompting the company to raise its earnings outlook for 2021 to over EUR 7.7 billion. For 2023, an EBIT forecast of over EUR 8.0 billion is anticipated. E-commerce and global trade have fueled demand, while cash flow improved, with free cash flow projected to exceed EUR 3.6 billion for 2021.

Deutsche Post AG has reported robust preliminary results for Q3 2021, with EBIT reaching approximately EUR 1.765 billion, a significant increase from EUR 1.377 billion in Q3 2020. The company's performance benefited from a strong B2B recovery and stable B2C volumes, despite tight capacity in freight markets. Free cash flow for Q3 stood above EUR 1 billion, contributing to a total of over EUR 3.1 billion for the year so far. Management plans to raise guidance for FY 2021 EBIT and free cash flow, with formal results scheduled for release on November 4, 2021.

Deutsche Post DHL Group reported a 28% increase in EBIT, reaching EUR 1.765 billion in Q3 2021, compared to EUR 1.377 billion in Q3 2020. For the first nine months, EBIT totaled EUR 5.760 billion, exceeding last year's forecast. All DHL divisions showed strong performance, particularly the Express sector with EBIT of EUR 970 million. The company plans to revise its FY 2021 outlook upwards on November 4. Free cash flow also improved, exceeding EUR 3.1 billion year-to-date.

Deutsche Post DHL Group reported robust growth in Q2 2021, with revenue soaring by 22.2% to EUR 19.5 billion. Operating profit (EBIT) surged to EUR 2.1 billion, reflecting a near doubling of the EBIT margin to 10.7%. Net profit reached EUR 1.3 billion, and basic earnings per share doubled to EUR 1.05. The company confirmed its raised guidance, expecting record earnings exceeding EUR 7.0 billion in 2021. With significant investments in operations and a strong focus on e-commerce, all five divisions reported increased shipment volumes and improved profitability.