News / Record results as Frank Appel makes his last stand at DHL

Frankfurt-270515 Hauptversammlung Deutsche Post DHL, Frankfurt am Main, Jahrhunderthalle Deutsche Post DHL/Bernd Georg

Frank Appel’s last outing as CEO of DHL saw the group boast “outstanding” results, and say it was “looking ahead with optimism”, despite the new phase of weaker economic growth.

Mr Appel, who leaves in May after 15 years at the helm to be replaced by Tobias Meyer, has had a strong ending to his reign. Revenue hit a record €94.4bn ($99.6bn), up 15.5%, while ebit was €8.4bn, up from €8bn a year earlier. Of that, its internationally operating divisions generated ...