DHL shares slip on negative read-across from FedEx's outlook miss

Dsv A/S

25/06/2025 08:26

** Shares of German logistics company DHL DHLn.DE fall nearly 2% as US peer FedEx Corp's FDX.N signals caution for the year ahead and forecasts current-quarter profit short of market expectations

** The U.S. company did not provide FY earnings and revenue outlook, citing uncertainty over U.S. trade policies, particularly with regard to China

** "Limited but surely no positive X-read," a local trader says

** The stock, which has gained 12.9% year-to-date including today's session, hits the bottom of Germany's blue-chip index .GDAXI and is among the worst performers of the pan-European STOXX 600 .STOXX index

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))