- Group EBIT increases by 21.3% to EUR 873 million in the first three months – growth in all four corporate divisions
- Guidance for full-year 2016 confirmed: operating profit forecast to rise to between EUR 3.4 billion and EUR 3.7 billion
- CEO Frank Appel: “The good start to the year puts us firmly on track to achieve our targets for 2016.”
Deutsche Post DHL Group increased operating profit significantly in the first quarter of 2016. Group EBIT rose to EUR 873 million, or 21.3% over the prior-year period (2015: EUR 720 million). The increase extended further the earnings momentum that had already begun during the fourth quarter of last year. Group revenue decreased by 6.1% to EUR 13.9 billion in the first three months of the year (2015: EUR 14.8 billion). In addition to negative currency effects and lower fuel surcharges, the decline primarily reflects the changed recognition of revenue generated from a key customer contract in the Supply Chain division starting in the fourth quarter of 2015. Adjusted for the above effects, Group revenue rose by 1.4% on the prior year. The main growth drivers – above all the international express business and the dynamic parcel and eCommerce business – remained intact in the first months of the new year.
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