DP DHL released a robust set of Q2 numbers, which convincingly beat consensus estimates. The demand from B2B led to another very strong performance in Freight & Forwarding with a good support from Supply Chain and Express. In B2C, the normalisation continued in eCommerce Solutions, Express and Post & Parcel Germany. FCF was lower than expected due to higher taxes and elevated working capital, but the confirmation of 2022 guidance allays most concerns. The medium-term outlook also remained unchan ....
05 Aug 2022
Resilient Q2 figures in a mercurial environment; 2022 and medium-term outlook confirmed
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Resilient Q2 figures in a mercurial environment; 2022 and medium-term outlook confirmed
DP DHL released a robust set of Q2 numbers, which convincingly beat consensus estimates. The demand from B2B led to another very strong performance in Freight & Forwarding with a good support from Supply Chain and Express. In B2C, the normalisation continued in eCommerce Solutions, Express and Post & Parcel Germany. FCF was lower than expected due to higher taxes and elevated working capital, but the confirmation of 2022 guidance allays most concerns. The medium-term outlook also remained unchan ....