DHL Group reported a revenue increase of six percent to €20.6 billion for Q3 2024, despite sluggish market conditions. Operating profit remained stable at €1.4 billion, significantly higher than pre-pandemic levels. The company generated a net profit of €751 million, down seven percent from the previous year. The Express division saw a three percent growth in revenue, while Global Forwarding, Freight revenues rose 14 percent. The Supply Chain division also grew, achieving a four percent revenue increase. However, EBIT guidance for 2024 has been adjusted downward due to weak economic dynamics.

Source: https://www.stattimes.com/logistics/dhl-q3-revenue-up-6-net-profit-down-7-1353639