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DEUTSCHE POST DHL REPORTS 3.74BN OPERATING PROFIT FOR 2017

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DEUTSCHE POST DHL REPORTS 3.74BN OPERATING PROFIT FOR 2017

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  • EBIT increases by 7.2% to EUR 3.74 billion
    Group revenue up by 5.4% to EUR 60.4 billion
    Dividend increase to EUR 1.15 per share proposed
    Forecast for 2018: EBIT set to increase to about EUR 4.15 billion, EBIT target for 2020 specified at more than EUR 5 billion
    CEO Frank Appel: "In 2017 we took another major step on the road to achieving our strategic and financial goals for 2020"
Deutsche Post DHL Group can look back on another very good financial year. The Group's operating profit climbed by 7.2% to EUR 3.74 billion in the 2017 financial year. With this, the company attained its earnings target of around EUR 3.75 billion. As forecast, the Post - eCommerce - Parcel (PeP) division contributed EUR 1.5 billion to operating profit. Also as expected, the DHL divisions generated total EBIT of EUR 2.6 billion. Group revenue was up by 5.4% to EUR 60.4 billion, with all four divisions contributing to the increase. The DHL Express division and the German and international Parcel and eCommerce businesses continued to see particularly dynamic growth.

"Thanks to successful business development in all four divisions, especially outside Germany, our company has registered another very good year. In 2017 we took another major step on the road to achieving our strategic and financial goals for 2020. With our international focus and our firm orientation towards the fast-growing e-commerce market, we implemented the right measures early on and are now positioned better than ever for future growth. At the same time, we are increasingly leveraging the digitalization opportunities that present themselves in all four divisions and expanding our foundation for a successful future," said Frank Appel, CEO of Deutsche Post DHL Group.
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