By Dominic Chopping
DHL parent Deutsche Post backed its full-year financial guidance despite expecting a subdued macroeconomic environment ahead.
The German logistics company--also known as DHL Group--said it was able to offset continued volatility in trade volumes during the quarter through managing capacity combined with cost-efficiency measures and price adjustments.
Ahead of the year-end peak season, DHL Group said it expects a typical seasonal increase in e-commerce deliveries to consumers in the fourth quarter.
With an expected seasonal increase in shipment volumes, the company said its Express business plans to temporarily deploy 10 additional Boeing 777 freighters on certain routes, its supply-chain business is strengthening its team, and the Post & Parcel Germany unit will employ around 10,000 temporary staff.
The group continues to anticipate a subdued macroeconomic environment, but still expects to report positive earnings development, it said.
It still targets an operating profit of at least 6 billion euros ($6.90 billion) and free cash flow of around 3 billion euros, assuming no further potential escalation in tariffs or trade policies.
New import regulations for low-value shipments into the U.S., which have been in effect since August, have so far had only a limited impact on the group's earnings, it added.
The company temporarily suspended most shipping to and from the U.S. earlier in the quarter due to the new customs regulations. Packages imported to the U.S. were duty-free if they were valued below a so-called de minimis threshold of $800, but the new policy from the end of August saw that de minimis threshold scrapped, meaning all shipments became subject to duties.
The group made a net profit of 840 million euros in the third quarter compared with 751 million euros in the same period last year.
Revenue fell 2.3% to 20.13 billion euros, while operating profit grew 7.7% to 1.48 billion euros.
Analysts had forecast DHL Group to report revenue of 20.05 billion euros, operating profit of 1.28 billion euros and net profit of 716 million euros, according to consensus estimates compiled by the company.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 06, 2025 01:37 ET (06:37 GMT)
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