DHL GROUP Q4/FY 2022
RESULTS
Frank Appel, Group CEO
Management Roadshow
F R A N K F U R T , 1 0 M A R C H 2 0 2 3
1
FY 2022 HIGHLIGHTS
Record financials delivered by diversified Group portfolio
€8.4bn Group EBIT and €4.6bn FCF*
Fully committed and executing on Sustainability Roadmap
All 2022 ESG targets achieved; measurable and ambitious targets for 2023 set
Sustainable increase in shareholder returns
Dividend increase to €1.85; share buy-back program topped up by €1bn to €3bn until end of 2024
*excl. Net M&A
Management Roadshow Frankfurt | Frank Appel | 10 MARCH 2023 | 2 |
B2C: Less pronounced 2022 peak season, as expected - structural trend intact
DHL Express
Time-Definite-International B2C
Shipments/Day
+29%
DHL eCommerce Solutions
B2C Volume
+38%
Parcel Germany
Volume
+21%
-10% yoy
-7% yoy
0% yoy
Q4 2019 | Q4 2020 | Q4 2021 | Q4 2022 |
Q4 2019 | Q4 2020 | Q4 2021 | Q4 2022 |
Q4 2019 | Q4 2020 | Q4 2021 | Q4 2022 |
CURRENT TRADING & OUTLOOK
- Structural trend fully intact: Expect e-commerce to continue to expand share of retail sales
- Expect B2C to return to mid- to high-single digit volume growth once consumer spending re-accelerates
Management Roadshow Frankfurt | Frank Appel | 10 MARCH 2023 | 3 |
B2B: Pronounced decline driven by inventory cycle and macro situation
DHL Express
Time-Definite-International
Q4 2022 B2B Shipments/Day
-4%
yoy
-5%
vs. Q4 2019
DHL Global Forwarding | DHL Global Forwarding | |
Air Freight | Ocean Freight | |
Q4 2022 Volume (t) | Q4 2022 Volume (TEU)* | |
-20% | -4% |
yoy | yoy |
-10% | -3% |
vs. Q4 2019 | vs. Q4 2019 |
DHL Supply Chain
Revenue
Q4 2022
+19%
yoy
+21%
vs. Q4 2019
CURRENT TRADING & OUTLOOK
- Global trade volumes remain in decline YTD 2023; DHL Supply Chain most resilient DHL division in regard to trade flow cycles
- Expect B2B volumes to recover as trade flows re-align with GDP development once inventories need replenishment
*incl. Hillebrand
Management Roadshow Frankfurt | Frank Appel | 10 MARCH 2023 | 4 |
Record results for FY 2022
Year-end slowdown countered by cost mitigation
Q4 2022 | FY 2022 | |||||||
in €m | REVENUE | yoy | EBIT | yoy | REVENUE | yoy | EBIT | yoy |
Group | 23,776 | +1.7% | 1,922 | -13.1% | 94,436 | +15.5% | 8,436 | +5.7% |
DHL Express | 7,029 | +2.5% | 941 | -15.3% | 27,592 | +13.9% | 4,025 | -4.6% |
DHL Global | 6,805 | -4.6% | 402 | -0.2% | 30,212 | +32.3% | 2,311 | +77.4% |
Forwarding, Freight | ||||||||
DHL Supply Chain | 4,363 | +19.4% | 225 | +13.6% | 16,431 | +18.5% | 893 | +26.7% |
DHL eCommerce | 1,696 | +1.9% | 91 | -2.2% | 6,142 | +3.6% | 389 | -6.7% |
Solutions | ||||||||
Post & Parcel Germany | 4,623 | -3.1% | 384 | -33.3% | 16,779 | -3.8% | 1,271 | -27.2% |
FY 2022 EBIT includes €+31m net one-offs. T/o impairment losses, reversal of impairment losses and restructuring expenses in Russia (€-10m in DHL Express and €-25m in DHL Global Forwarding, Freight), gain from disposal StreetScooter business €+66m (Group Functions)
Management Roadshow Frankfurt | Frank Appel | 10 MARCH 2023 | 5 |
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Deutsche Post AG published this content on 09 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2023 11:54:09 UTC.
