DHL Group

This article is about the company currently known with the trade name "DHL Group". For the company's primary division, see Deutsche Post. For the brand itself, see DHL. For other uses, see Deutsche Post (disambiguation).
"DPAG" redirects here. For other uses, see DPAG (disambiguation).
Deutsche Post AG
DHL Group
Company typePublic
FWB: DHL
DAX Component
ISINDE0005552004
IndustryPostal services
Founded2 January 1995; 29 years ago (1995-01-02)
HeadquartersPost Tower, Bonn, Germany
50°42′56″N 7°07′48″E / 50.71556°N 7.13000°E / 50.71556; 7.13000
Area served
Worldwide
Key people
Brands
ServicesLetter post, parcel service, EMS, delivery, freight forwarding, third-party logistics
RevenueDecrease €81.76 billion (2023)[1]
Increase €8.43 billion (2022)[2]
Increase €5.42 billion (2021)[2]
Total assetsIncrease €63.59 billion (2021)[2]
Total equityIncrease €19.50 billion (2021)[2]
OwnersFederal Republic of Germany via KfW bank (21%)
Number of employees
600,278 (2022)[2]
Websitegroup.dhl.com
Final logo for Deutsche Post DHL Group, used until 2023

Deutsche Post AG, trading as DHL Group, is a German multinational package delivery and supply chain management company headquartered in Bonn, Germany. It is one of the world's largest courier companies.[3] The postal division, Deutsche Post, delivers 61 million letters each day in Germany, making it Europe's largest such company. The parcel division DHL is a wholly owned subsidiary claimed to be present in over 220 countries and territories.[4] DHL Group was the largest logistics company worldwide in 2022.[5][better source needed]

DHL Group is the successor to the German mail authority Deutsche Bundespost, the oldest modern postal service in the world,[6] tracing its roots to the middle ages. It was privatized in 1995 and became a fully independent company in 2000. Since its privatization, Deutsche Post has significantly expanded its business area through acquisitions. In late 2014, the group acquired StreetScooter GmbH, a small manufacturer of electric vehicles. Two years later, the group acquired UK Mail, a business-focused postal service in the UK for US$315.5 million (£243 million). The former company became a division of the Deutsche Post European parcel network.[7]

The 2016 earnings of Deutsche Post DHL Group before interest and taxes (EBIT) was €3.491 billion (up 44.8 percent over 2015), with a net profit of €2.64 billion on revenue of €57.334 billion. Return on equity, before taxes, was 27.7 percent.[8][9][10] The group's long term credit rating, in November 2016, was BBB+ with a Stable outlook per Fitch's.[11]

DHL Group is listed on the Börse Frankfurt (Frankfurt Stock Exchange) as DHL and is in the Euro Stoxx 50 stock market index. In 2016, 20.5% of the group's shares were held by the state-owned KfW bank; 79.5% were freely floating: 65.6% held by institutional and 10.8% by private investors.

  1. ^ "Resilient business model: DHL Group achieves annual targets for 2023 in a weak global economic environment", group.dhl.com
  2. ^ a b c d e "key figures" (PDF). Deutsche Post. Retrieved 12 April 2023.
  3. ^ "Employees and workplace". Deutsche Post DHL Group.
  4. ^ "Company Portrait". DHL Company Portrait. Retrieved 16 May 2018.
  5. ^ "DHL Group – Umsatz bis 2022".
  6. ^ "The invention of the postal service: about special deliveries, Hereditary First Postmaster Generals and what Thurn und Taxis had to do with it - Deutsche Digitale Bibliothek". www.deutsche-digitale-bibliothek.de.
  7. ^ "Deutsche Post DHL Group completes UK Mail acquisition". UK Mail. 22 December 2016.
  8. ^ Ben Meyer (8 March 2017). "Deutsche Post delivers record earnings in 2016 despite lower revenues". American Shipper. Howard Publications, Inc. Archived from the original on 20 September 2018. Retrieved 27 March 2017.
  9. ^ "2016 Report" (PDF). DPHL. Deutsche Post AG. 8 March 2017. Retrieved 27 March 2017.
  10. ^ "Investor Relations". Deutsche Post DHL Group.
  11. ^ "Creditor Relations". Deutsche Post DHL Group.