Deutsche Post DHL: e-commerce boosts Q3 performance

Deutsche Post DHL reported Q3 ’20 results today.
Key points:
– Continued growth trajectory: Group revenue increases by 4.4% to EUR 16.2 billion; organic revenue growth even stronger at 9.0%
– Operating profit (EBIT) climbs nearly 50% to EUR 1.4 billion; Group’s preliminary figures and raised 2020 EBIT guidance confirmed, free cash flow expectation further increased
– Particularly dynamic development in Parcel, Express and eCommerce Solutions business
– CEO Frank Appel: “We had a successful third …

The post Deutsche Post DHL: e-commerce boosts Q3 performance appeared first on The Loadstar.

Source: The Loadstar

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