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DHL Group Q12022 revenue up 20% on strong demand for global services

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Global Forwarding, Freight achieved the highest quarterly revenue of all group’s divisions, up 55% to €7.4bn ($7.8bn).

Deutsche Post DHL Group reported a 20 percent increase in revenue to €22.6 billion (nearly $24 billion) as Global Forwarding, Freight, Supply Chain, and Express divisions benefited from solid development in global trade and stronger B2B business. The Group also recorded an excellent opening quarter in 2022 with an operating profit (EBIT) of €2.2 billion compared to €1.9 billion in Q1 2021, according to an official statement.

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