Deutsche Post DHL expecting further growth in 2013
Strong market position in the world s growth regions enabled Deutsche Post DHL to meet its target results in 2012
Deutsche Post DHL, the worldwide operating postal and logistics group, expects the world economy to generate moderate growth with increasing dynamic throughout 2013. As a result, the company forecasts a corresponding trend of increasing revenues, particularly in the DHL divisions, said Frank Appel, CEO of Deutsche Post DHL, when presenting the 2012 annual report. The group s EBIT is projected to increase to between EUR 2.7 billion and EUR 2.95 billion. Looking beyond the current year, the company expects the positive earnings trend to continue.
In the 2012 financial year group revenues increased 5.1 per cent to EUR 55.5 billion. At EUR 2.67 billion, operating earnings were more than 9 per cent above the previous year s level. This increase mainly reflects the exceptional market position that DHL maintains in the world s growth regions especially in Asia, Frank Appel says about the growth driver. The company, which operates in more than 220 countries and territories in the world, is now generating about 70 percent of its revenues outside Germany.
In a challenging market environment the Global Forwarding, Freight division boosted revenues by 3.6 per cent, to EUR 15.7 billion during 2012, primarily due to positive currency effects. While air freight volume (down 5.3 per cent to 4.15 million tonnes) and revenues fell in 2012, sales in ocean freight and overland transport increased. Ocean freight volume rose 4.3 per cent to 2.84 million TEU. Thanks to the selective growth strategy and, in part, to improved buying conditions, gross margins were increased once again in all three business segments. The division boosted its operating earnings by 16.4 per cent to EUR 512 million in 2012.
The Supply Chain division s revenues climbed by 8.4 per cent to EUR 14.3 billion compared with 2011. At EUR 416 million, operating earnings jumped by 14.9 per cent above the previous year s total. In addition to positive currency effects, organic growth in the Automotive and Life Sciences & Healthcare sectors acted as the division s main growth drivers.
In 2012, the Express division profited from its strong market position in the dynamic growth regions of the world, and has further expanded its worldwide market share. Revenues generated in the past fiscal year rose by 9.3 per cent to EUR 12.8 billion (2011: EUR 11.7 billion). In addition to positive currency effects, the strong growth produced by international time-definite shipments was once again the main reason for the steep rise in revenues. Altogether, the division s EBIT increased by 21 per cent to EUR 1.11 billion during the past year.