DHL reported a 3% revenue increase to €84.2 billion for 2024, with international revenue at €62.5 billion. Operating profit declined by 7% to €5.9 billion, although still higher than pre-pandemic levels. The fourth quarter alone saw a 6.4% revenue rise and a 12.9% EBIT increase. CEO Tobias Meyer highlighted growth despite market challenges, while CFO Melanie Kreis noted a strong balance sheet and plans for future growth. Specific divisions like Express and Supply Chain showed mixed results, with eCommerce achieving 10% revenue growth but declining EBIT, reflecting ongoing investments and market conditions.
Source: https://www.stattimes.com/logistics/dhl-2024-revenue-up-3-operating-profit-declines-7-1354669