DHL Group ($DHL (+0,99%) ) performed better than expected in the first quarter of 2025 and confirmed its full-year targets despite a challenging global environment. Revenue increased by 2.8 % to 20.8 billion eurosthe EBIT grew by 4.5 % to just under 1.4 billion eurosand the free cash flow rose by over 17% to 732 million eurosall above analysts' expectations. The shareholders' profit also climbed by 6% to 786 million euros.
Key highlights:
- Turnover20.8 billion euros (+2,8 % compared to previous year)
- EBIT1.4 billion euros (+4,5 %)
- Free cash flow732 million euros (+17 %above market expectations)
- Shareholder profit786 million euros (+6 %)
Outlook 2025 (unchanged):
- EBIT target: at least 6 billion euros
- Free cash flow target: approx. 3 billion euros
- Risks from US trade policy are not included in the forecast not taken into account
CEO comment:
Tobias Meyer described the environment as "economically cautious", but continues to see opportunities through efficiency measures and points to the ability to benefit from both negative and positive geopolitical changes.
Conclusion:
DHL is stable and solid compared to its US competitors (UPS, FedEx). The robust Q1 performance underlines the Group's global diversification, even if geopolitical risks such as an intensified US trade conflict could potentially have a negative impact.