DHL Group: Forecast Upgrade and the Express Business as a Dominant Factor in Earnings Expectations

The DHL Group raised its annual EBIT forecast to over 6.5 billion euros on July 7 following preliminary Q2 figures. The DHL Express segment acts as the primary growth driver with an operational quarterly profit of around 1.19 billion euros. Infrastructure investments, such as the recent capital commitment to the French market, are intended to prepare the company for higher e-commerce volumes in the long term. Preliminary Quarterly Figures Lead to Forecast Upgrade The DHL Group announced an upgrade to its annual forecast based on preliminary data...