DHL's freight forwarding business lifts its result for the full-year 2020

The freight forwarding business at DHL, Global Freight Forwarding, lifted its revenue and earned more money on operations in the latest fiscal year, show preliminary 2020 figures. The group raises its 2022 guidance.

Photo: Stine Bidstrup/ERH

Revenue went up and the operating result was lifted in the latest fiscal year at DHL's freight forwarding unit, Global Freight Forwarding, show preliminary fiscal figures for 2020 published Tuesday.

The report shows that the division achieved revenue of EUR 15.9 billion for the full year, which is a 5 percent increase compared to the year before. Add to this an increase in the operating result (EBIT), which came to EUR 590 million for the full year - up 13 percent compared to 2019.

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