DHL sale in China funds UK restructuring

10. Mai 2019 10:16

Beitrag bequem vorlesen lassen:

DHL Supply Chain has reinvested money from the sale of its Chinese business to restructure its UK business, Deutsche Post DHL said in its first quarter results.

As a s result of the sale, in the first quarter DHL Supply Chain recorded a one-time positive EBIT effect of €426 million and said: “A portion of the funds generated from the SF transaction were reinvested into restructuring the Supply Chain business, mainly in the United Kingdom.”

Operating profit at DHL Supply Chain rose to €486 million in the first quarter of 2019 from €55m the year before, while revenue increased by 4.6 per cent to €3.3 billion. The division concluded additional contracts with an annualised total volume of €180 million.

Deutsche Post DHL sold its supply chain operations in mainland China, Hong Kong and Macau to SF Holding for €700 million (RMB5.5bn) at the end of last year. The business has been branded SF DHL Supply Chain China. Deutsche Post DHL will continue to receiver revenue-based partnership fees for ten year, in return for the trademark licence, customer referral, employee training, and best practice sharing.

Total group revenue rose 4.1 per cent to €15.4 billion while operating profit was up 28.1 per cent to €1.2bn.

Since 1st January the group’s international parcel business and the e-commerce unit of the former PeP division have been operating as DHL eCommerce Solutions, a newly created division. Revenue in the new division improved by 8.9 per cent to € 1.0 billion in the first quarter. However, restructuring costs means that it made and operating loss of €28m.

The Express division saw revenue rise 5.3 per cent to €4bn, but operating profit fell from €461m to €453m as the group decided to shift the focus of the business to lighter-weight higher-margin shipments.

The Global Forwarding, Freight division saw another strong rise in operating profit, up 42.9 per cent, to €100m, while revenue was up 4.8 per cent at €3.8bn.

The group said: “The rollout of the new IT infrastructure continues to progress well. The division is thus well on the way to closing the profitability gap to its leading competitors in the medium-term.”

Group chief executive Frank Appel said: “We are performing according to plan and are on track towards achieving our targets.”

DHL working hard on Prompt Payment Code

Source: logisticsmanager.com

Verwendete Tags

Kategorien

Jetzt im Social Network teilen

Das Ende des Onlineshoppings

4. eCommerce Logistik-Day / Wien, 25.09.2019

.

4. eCommerce Logistik-Day

PROGRAMM // 28.05.2019       Mehr Teilnehmer mit Online Event Management-Lösungen von XING Events.

Industrie 4.0 – ARD-alpha

Brennstoffzelle im Auto. Besser als Lithiumakkus?

NETWORK

JOBS

SIS Informatik

Softwareentwickler/in C# und .NET

2700 Wiener Neustadt, Österreich

SSI SCHÄFER IT Solutions

PRODUKTMANAGER WAMAS Enterprise Lösungen

8114 Friesach bei Graz , Österreich

Google Analytics

Generiert von GADWP 

Statistik 2019

Zeitraum: Mai 2019
Nutzer: 14.218
Sitzungen: 16.189
Seitenaufrufe: 50.675
Absprungrate: 3,02 %

Zeitraum: 01 bis 05. 2019
Nutzer: 67.034
Sitzungen: 78.670
Seitenaufrufe: 160.750

Zeitraum: 02/04:

Quelle: similarweb.com

Digitalisierung Frachtlogistik

.

Job Karriere

GEDANKENtanken

LOGISTIK express – Börsenkurs

LOGISTIK express Wertpapier Indexzertifikat
ISIN: DE000LS9HAQ6, WKN: LS9HAQ

PRESSE ARCHIV

NEWS ARCHIV