BONN: March 08, 2017. Deutsche Post DHL (DPDHL) has reported a 71.4 percent rise in net profit of €2.64 billion on a 3.2 percent decline in revenue of €57.33 billion for 2016.
All four divisions – Post/eCommerce/Parcel (PeP), DHL Express, Global Forwarding and Supply Chain produced increases in EBIT compared to the previous year. PeP EBIT rose from €1.1 billion to €1.4 billion year-on-year as the three DHL divisions increased EBIT from €3.3 billion to €4.8 billion.
"2016 was a very successful year for us. The company has never before achieved higher earnings in its current structure," commented CEO Frank Appel. "Thanks to our targeted approach to e-commerce, the entire group is benefiting increasingly from the dynamic international development in this segment. We are in an excellent position to maintain our profitable growth," he said.
Despite forecasting "only moderate growth" in the global economy this year, DPDHL said it is expecting a significant rise in earnings and an EBIT of €3.75 billion - with the PeP division contributing €1.5 billion and the DHL divisions €2.6 billion.
The group has also announced a goal to eliminate all logistics-related emissions by 2050 both for itself and its subcontractors (right).
DPDHL's previous climate target to improve carbon efficiency by 30 percent over a 2007 baseline was reached last year, four years ahead of schedule
By 2025 the group expects to increase carbon efficiency and those of its subcontractors by 50 percent compared to 2007; operate 70 percent of its own first and last mile services with clean pick-up and delivery solutions; ensure over 50 percent of sales incorporate 'green solutions' for customers' supply chains; train and certify 80 percent of its employees as 'GoGreen' specialists; and together with partners involve them in environmental and climate protection activities that will include the planting of one million trees every year.
"The decisions we make today will determine how our children live 30 years down the line," said Appel.