Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

DHL Group : Q2 better than expected, but still some uncertainty about the 2024 landing

>Q2 2024 better than expected, with B2B volumes up slightly - DHL Group released its Q2 2024 results yesterday before trading, with revenue and EBIT coming out 2% higher than expected. The Express division’s B2B volumes expanded by +1% y-o-y in Q2, but the group has not seen any signs of a widespread upturn in global demand (Europe remains weak). Moreover, this expansion was more than offset by a downturn in volumes in the B2C segment (-8%), largely on DHL’s initiativ...
Underlying
DHL GROUP

Deutsche Post is a mail and logistics services group. In its Mail division, Co. provides domestic and international mail and parcels and is engaged in dialogue marketing, nationwide press distribution services and the electronic services related to mail delivery. Co.'s Express division provides courier and express services to business and private customers globally. Co.'s Global Forwarding, Freight division manages the carriage of goods by rail, road, air and sea, ranging from container transport to solutions for industrial projects. Co.'s Supply Chain division provides warehousing, managed transport and services at every link in the supply chain for customers in a variety of industries.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Johanna Jourdain

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