B2C e-commerce demand, as well as greater demand for freight forwarding services drove a more than 20% increase in total revenue for Deutsche Post DHL in 2021.

E-commerce services generated more than a quarter of group revenue, while its domestic mail division accounted for just under 10% in the year. Domestic parcel revenue increased by 15%, while DHL Express saw revenue increase by more than a quarter. However, strong performance in the prior year resulted in B2C volumes for both divisions dropping in Q4 2021. Meanwhile, Deutsche Post reported a recovery in admail volumes in 2021, although this was more than offset by declines in transactional mail, with mail revenue falling 0.4%.

 

Higher network utilisation, as well as rate increases and increased automation for logistics operations, drove improved profitability for the group in 2021. DHL Express accounted for more than half of group EBIT for the year. For more details download the latest IPC Carrier Intelligence Report for Deutsche Post DHL.

 

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