DHL Group: earnings growth in the second quarter of 2025
Operating profit was up 5.7 percent to EUR 1.4 billion, supported by cost improvements and yield management. The EBIT margin improved by 0.7 percentage points to 7.2 percent.
- Group revenue decreased by 3.9 percent to EUR 19.8 billion in Q2 2025
(Q2 2024: EUR 20.6 billion) due to exchange rate effects and slower momentum in trade volumes - EBIT increased by 5.7 percent to EUR 1.4 billion; EBIT margin at 7.2 percent
(Q2 2024: 6.5 percent) - Strong free cash flow (excluding M&A) of EUR 329 million (Q2 2024: EUR 360 million)
- Guidance unchanged: EBIT of at least EUR 6 billion and free cash flow (excluding M&A) of approximately EUR 3 billion expected in 2025
- CFO Melanie Kreis: "In the second quarter, trade conflicts and geopolitical tensions affected global economic dynamics. We anticipate continued volatility in the global economy in the second half of the year. Our focus on efficiency improvements and growth markets is paying off in this situation."
Bonn - The logistics company DHL Group closed the second quarter of 2025 with earnings growth, despite a volatile global environment. Revenue decreased by 3.9 percent compared to the previous year to EUR 19.8 billion, primarily due to the impact of exchange rate effects and slower momentum in trade volumes, while profitability improved. Operating profit was up 5.7 percent to EUR 1.4 billion, supported by cost improvements and yield management. The EBIT margin improved by 0.7 percentage points to 7.2 percent.
Express | Q2 2024 | Q2 2025 | YOY |
Revenue (in EUR million) | 6,220 | 5,868 | −5.7 (1) |
EBIT (in EUR million) | 683 | 730 | 6.9 (1) |
EBIT margin (in percent) | 11.0 | 12.4 | 1.5 (2) |
(1) in percent |
(2) in percentage points |
Global Forwarding, Freight |
Q2 2024 | Q2 2025 | YOY |
Revenue (in EUR million) | 4,880 | 4,620 | −5.3 (1) |
EBIT (in EUR million) | 280 | 196 | -29.7 (1) |
EBIT margin (in percent) | 5.7 | 4.3 | −1.5 (2) |
(1) in percent |
(2) in percentage points |
|
Supply Chain |
Q2 2024 | Q2 2025 | YOY |
Revenue (in EUR million) | 4,352 | 4,183 | −3.9 (1) |
EBIT (in EUR million) | 279 | 348 | 24.4 (1) |
EBIT margin (in percent) | 6.4 | 8.3 | 1.9 (2) |
(1) in percent |
(2) in percentage points |
|
|
eCommerce |
Q2 2024 | Q2 2025 | YOY |
Revenue (in EUR million) | 1,667 | 1,656 | −0.7 (1) |
EBIT (in EUR million) (1) | 67 | 56 | −16.1 (1) |
EBIT margin (in percent) | 4.0 | 3.4 | −0.6 (2) |
(1) in percent | (2) in percentage points |
Post & Parcel Germany |
Q2 2024 | Q2 2025 | YOY |
Revenue (in EUR million) | 4,160 | 4,150 | −0.2 (1) |
EBIT (in EUR million) | 130 | 166 | 28.0 (1) |
EBIT margin (in percent) | 3.1 | 4.0 | 0.9 (2) |
(1) in percent |
(2) in percentage points | |
|

Daniel Gabel
Financial Communications, Global Business Services
DHL Group
Charles-de-Gaulle-Str. 20
53113 Bonn
Germany

Sabine Hartmann
Corporate Issues
DHL Group
Charles-de-Gaulle-Str. 20
53113 Bonn
Germany