29.03.2017 - Record earnings for DP/DHL Group in its financial year 2016
Deutsche Post DHL Group has concluded its 2016 financial year with record earnings. The Group's operating profit climbed by 45% to EUR 3.5 billion, delivering the EBIT target for 2016. The Group's fourth-quarter EBIT of EUR 1.111 billion represented operationally the best quarterly result in the history of the company history. Deutsche Post DHL Group already posted record figures in the preceding quarters.
All four divisions contributed to the Group's strong performance in 2016. The company continued to benefit from its outstanding market position in global growth segments - particularly in the e-commerce business. EBIT in the Post - eCommerce - Parcel (PeP) division increased to over EUR 1.4 billion compared with EUR 1.1 billion in the previous year. The DHL divisions generated operating profit of EUR 2.4 billion compared with EUR 1.7 billion in 2015. The positive earnings trend reflects strong business operations in all divisions as well as the absence of one-time charges incurred in the previous year.
CEO Frank Appel during the presentation of the annual results of DP/DHL Group