After a record year in 2022, DHL Group achieved a revenue of EUR 81.8 billion in the financial year of 2023 (2022: EUR 94.4 billion) and an operating result (EBIT) of EUR 6.3 billion (2022: EUR 8.4 billion).

• Group revenue of EUR 81.8 billion and EBIT of EUR 6.3 billion significantly above pre-pandemic levels
• Free cash flow of EUR 3.3 billion excluding acquisitions and divestments (net M&A) significantly exceeds forecast
• Board of Management and Supervisory Board propose a stable dividend of EUR 1.85 per share to the annual general meeting
• Share buyback program extended until 2025 and increased by EUR 1 billion to EUR 4 billion
• DHL Group expects operating profit of EUR 6.0-6.6 billion and free cash flow excluding net M&A of approximately EUR 3.0 billion in 2024
• For 2026, the Group expects operating profit of EUR 7.5-8.5 billion
• CEO Tobias Meyer: "We are continuing to invest in our logistics network - particularly in our e-commerce capabilities, but also in the decarbonization and digitalization of our operations. We are very well positioned for the current opportunities and challenges."

Bonn - After a record year in 2022, DHL Group achieved a revenue of EUR 81.8 billion in the financial year of 2023 (2022: EUR 94.4 billion) and an operating result (EBIT) of EUR 6.3 billion (2022: EUR 8.4 billion).

Even in the absence of a significant recovery in the global economy, DHL Group met its earnings forecast of at least EUR 6.2 billion.

At EUR 3.3 billion (2022: EUR 4.6 billion), free cash flow excluding net M&A was significantly above the 2023 forecast of EUR 3 billion. With EBIT and free cash flow well above the figures for the pre-pandemic year 2019, the Group demonstrated its increased earning capacity even in a persistently soft market environment.

"The year 2023 was characterized by a weak global economy and, above all, weak global trade. Even under these conditions, we achieved our targets for the year. Our high profitability allows us to continuously invest in our network, sustainability, digitalization and our e-commerce capabilities and to further improve quality for our customers. Major uncertainty factors such as volatility in demand and geopolitical crises will remain with us in 2024. However, we are very well positioned for the opportunities and challenges of 2024." Tobias Meyer, CEO DHL Group

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