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DHL raises its full-year guidance

German transport group DHL now expects to earn more money in 2020 than stated earlier this year, when coronavirus prospects were more bleak. In the third quarter, the company made more money in its freight forwarding business.

Photo: PR / DHL

The outlook for 2020 now looks better than German transport and logistics major DHL expected earlier this year, and the company thus raises its guidance for the group overall.

This means that DHL Group's combined freight business, which among others covers Freight Forwarding, Express and the parcel business, now expects to deliver an operating profit, EBITDA, in the range of EUR 3.3 to 3.6 billion.

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