Germany's DHL Group Q2 revenue jumps on demand growth, lifts 2026 EBIT outlook

DHL AG

07/07/2026 14:24

Overview
German logistics group's preliminary Q2 revenue rose more than 10% yr/yr, EBIT up 29%
Company lifted 2026 EBIT outlook to above EUR 6.5 bln from above EUR 6.2 bln
Stronger results driven by demand growth and lower costs from efficiency measures

Outlook
DHL Group now expects 2026 Group EBIT to exceed EUR 6.5 bln, up from > EUR 6.2 bln
Company raises 2026 DHL divisions EBIT outlook to more than EUR 5.9 bln, from > EUR 5.6 bln
Outlook for Post & Parcel Germany EBIT remains unchanged at > EUR 900 mln for 2026

Result Drivers
DEMAND GROWTH - Group said continued growth in demand, especially in DHL Express, supported Q2 results
COST BASE REDUCTION - Lower costs from Fit for Growth measures contributed to earnings improvement
AIR FREIGHT CAPACITY - Capacity constraints in the air freight market further supported results

Company press release: ID:nEQxfcgTa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EBIT
 
EUR 1.85 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 11 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"
Wall Street's median 12-month price target for Deutsche Post AG is €53.00, about 4.9% below its July 6 closing price of €55.72
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 13 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)