Deutsche Post (DHL Group)

DHL’s group revenue rose 13% in the quarter, and group profit was just over €900 million (+8%). The Deutsche Post division, however, recorded an operating profit almost one third lower because of significantly fewer letters as well as higher collective agreement wages and fuel costs. CEO Melanie Kreis describes the decline in mail volumes in Germany as “dramatic.” » More on sueddeutsche.de

DHL reports Q3 group revenue up 12.6% to around €22.7bn and operating profit up 16.2% to about €1.7bn. Drivers are international operations, Express and air and ocean freight; the domestic German business is stagnant (revenue +0.3%) and operating profit fell 29.8% to €150m. The group raised its full‑year guidance to an EBIT of more than €7bn, but sees pressure on parcel volumes after the removal of the de‑minimis customs exemption threshold and plans postage increases to compensate. » More on faz.net

DHL Group raised Q3 revenue to €22.7 billion (+12.6%) and EBIT to €1.72 billion (+16.2%), both above analysts’ expectations. Net profit was €907 million, slightly below consensus. Free cash flow fell to €901 million, weighed down in part by €256 million in US import duties. Full-year guidance was confirmed: group EBIT of more than €7 billion and free cash flow above €3.2 billion; investments of around €3.6 billion planned. » More on deraktionaer.de

DHL recorded a profit attributable to shareholders of €907 million in the third quarter, 8% higher than in the same period last year. Analysts had, however, expected higher figures. Chief Financial Officer Melanie Kreis confirmed the preliminary quarterly numbers and said the strong results and cash generation allow for further investments; the group had already raised its targets for 2026 and plans to review its medium-term forecast in March. » More on wiwo.de

The DHL Group share is poised to break out to a new multi-year high, supported by more optimistic outlooks from US rivals UPS and FedEx. FedEx raised its profit and revenue forecasts and reported year-on-year revenue growth in the third quarter, but suffered from a falling net profit and restructuring costs. Market observers view the figures as a positive sign for the logistics peak season, while attention for DHL now focuses above all on volume trends in the final quarter (Christmas, Black Friday). » More on deraktionaer.de