Deutsche Post DHL Group – Q2 '20 preliminary results

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Preliminary Results: Deutsche Post DHL Group showed strong development in second quarter and introduces guidance (07/07/2020, 05:54 PM CEST)

Adjusted for one-off effects in the previous year and in the current year, operating profit came in around 25% above the prior-year figure.

– Group EBIT was up around 16% to around EUR 890 million in Q2 despite Covid-19 

– Guidance: Group expects an operating profit between EUR 3.5 and 3.8 billion in 2020; Guidance for 2022 based on three scenarios

– New date for virtual Annual General Meeting on August 27th: proposed dividend of EUR 1.15 per share 

– Deutsche Post DHL Group spends around EUR 200 million for special employee bonus; more than 500,000 employees worldwide will each receive EUR 300¹

– CEO Frank Appel: “We have navigated our company through the crisis very well. We owe this to our committed colleagues worldwide, who have contributed in an outstanding manner in recent months.”

To read the full release, please click here.