dreamstime_s_31066947
ID 31066947 © photo360 | Dreamstime.com

Deutsche Post-DHL has binned its profit target for the year, as a result of the coronavirus pandemic.

The German group, a bellwether for the logistics industry, said in yesterday’s trading update it was withdrawing its 2020 ebit guidance, “given the significant impact of Covid-19 on all parts of the economy”.

However, it said that its preliminary group ebit was €590m for the first quarter of 2020, while preliminary operating profit came in at €1bn, “after adjusting for the effects related to the ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.
  • Luis Alba

    April 09, 2020 at 1:28 pm

    Why not with the amount of packages stolen they sure can make a profit. So far in this month alone, 2 packages stolen from distribution canter and no one cares. Totàl lost for me over 2k in merchandise