DHL plans to cut 8,000 jobs in Germany by 2027 to save over €1 billion. A Post & Parcel spin-off is not planned. There are signs of a US economic slowdown, as the country accounts for 20% of DHL's top-line sales. However, tariffs and trade wars are not included in the yearly outlook. Valuation is aligned with the historical average and considers lower profits. We moved our rating to neutral.
Tobias Meyer, CEO of DHL Group, discusses the logistics company's full-year results and the global industry as a whole.
Tobias Meyer, the CEO of DHL Group, discusses the outlook for global trade as President Donald Trump takes office.
DHL (DHL.DE) Express US CEO Greg Hewitt joins Catalysts to discuss the shipping and logistics company's prep for the upcoming holiday demand. Hewitt emphasizes that the "peak season is upon us," driven by Cyber Week sales, with average daily volume surging 60%.
A DHL cargo plane crashed near an airport in Lithuania early Monday, killing a Spanish crew member and injuring three others on board, officials said.
A DHL cargo plane flying from Germany to Lithuania crashed close to Vilnius Airport, killing a crew member and injuring three others, according to police. The Boeing 737-400 went down close to a residential home in the Lithuanian capital at about 5:30 a.m.
A DHL cargo plane flying from Germany to Lithuania crashed close to Vilnius Airport, killing a crew member and injuring three others, according to police.
A DHL cargo plane crashed into a house as it approached for landing at Lithuania's Vilnius airport early on Monday, killing one person and injuring three others on the aircraft, officials said.
Tobias Meyer, CEO of DHL Group, discusses third-quarter earnings and the macro environment.
Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.
Tobias Meyer, CEO of DHL Group, speaks to CNBC's Dan Murphy about the global economy and whether a recession is on the horizon.
DHL Express demand surcharges will likely benefit DHL 2024 earnings profile. B2B volume recovery and supportive H1 results. The company reiterated its outlook, and so did our buy rating.