DP DHL confirmed its strong preliminary Q4 and FY20 results today. The group exceeded its own re-raised guidance targets on the back of sustained momentum from eCommerce. As a result, both DHL Express and eCommerce Solutions registered solid growth. Other divisions, too, did well, except for Supply Chain solutions, which saw some recovery in Q4. The group generated record FCF in FY20 and will propose a dividend of €1.35. Moreover, the group will also launch a €1bn share buy-back programme.
09 Mar 2021
Looks like e-commerce growth is here to stay
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Looks like e-commerce growth is here to stay
DP DHL confirmed its strong preliminary Q4 and FY20 results today. The group exceeded its own re-raised guidance targets on the back of sustained momentum from eCommerce. As a result, both DHL Express and eCommerce Solutions registered solid growth. Other divisions, too, did well, except for Supply Chain solutions, which saw some recovery in Q4. The group generated record FCF in FY20 and will propose a dividend of €1.35. Moreover, the group will also launch a €1bn share buy-back programme.