Thanks to a financial savings program and better letter postage, Deutsche Post has elevated its earnings. However, whereas the variety of packages is rising, fewer and fewer letters are being despatched.
The logistics group DHL considerably improved its enterprise on this nation within the third quarter. The working outcome within the Post & Parcel Germany division elevated by a very good quarter to 218 million euros, the corporate introduced. Sales solely rose by 4.7 p.c to round 4.2 billion euros – so the enterprise grew to become extra worthwhile.
One cause for this was decrease personnel prices: 8,000 jobs have been reduce because the starting of the 12 months. The logistics firm additionally defined the now constructive financial improvement with value will increase.
Postage for letters and parcels has elevated
At the start of 2025, letter postage had elevated. Packages additionally grew to become costlier. Sending a typical letter prices 95 cents in Germany – ten cents greater than a 12 months in the past. The letter postage is mounted till the top of 2026 – after that it’ll most likely proceed to rise. The postal service is prone to apply for this subsequent 12 months.
However, CEO Tobias Meyer didn’t need to touch upon this when requested. It was too early for that, mentioned the supervisor. During the previous postage will increase, the postal service argued that it had excessive prices and that the amount of letters was persevering with to say no within the digital age. The put up workplace should ship letters all over the place in Germany and function a complete community of mailboxes.
Decrease within the quantity of letters, demand for parcels will increase
In the Internet age, individuals are sending fewer and fewer letters and plenty of advertisers favor to ship emails or place internet marketing. In the third quarter, the put up workplace transported three p.c fewer letters than in the identical quarter of the earlier 12 months, however because of the value will increase, gross sales rose by 5 p.c.
However, the decline within the quantity of letters slowed down: within the first quarter, the postal service recorded a decline of 4 p.c and within the second quarter even of 9 p.c. Deutsche Post expects even fewer letters sooner or later; in any case, the non-public sector and the state need to develop into extra digital.
While the mail enterprise has been weakening for a very long time, DHL is benefiting from the growth in on-line buying and selling: In the third quarter, the logistics firm delivered six p.c extra parcels in Germany than in the identical quarter of the earlier 12 months. However, CEO Meyer famous that the earlier 12 months’s quarter had been very weak. With a view to the weeks earlier than Christmas, DHL and Deutsche Post are getting ready for the flood of packages earlier than the vacations with extra workers and extra automobiles.
Group feels the consequences of a weak financial system
DHL has round 534,000 full-time positions worldwide, 151,000 of that are within the Post & Parcel Germany division. In different areas, enterprise was much less constructive than domestically; freight enterprise fell considerably because of the worldwide commerce battle and the weak financial system. The enterprise with time-critical categorical deliveries additionally suffered.
Group gross sales exterior Germany fell by 3.8 p.c to 16.3 billion euros. Due to cost will increase and a financial savings program, DHL was nonetheless capable of enhance its working revenue (EBIT), climbing by 7.6 p.c to round 1.5 billion euros.
Deutsche Post shares listed within the German main index DAX rose by nearly 9 p.c within the afternoon.
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