By Maria Kalamatas | August 6, 2025 – Frankfurt

While many logistics firms are revising their expectations downward this summer, DHL has quietly stayed the course. The German group released its Q2 financials this morning, revealing a solid performance in the face of weak global trade.

With €1.43 billion in operating profit for the quarter, DHL exceeded internal forecasts. Revenues fell to €19.83 billion, a slight drop compared to last year, but far from alarming.

“We stayed disciplined,” said Tobias Meyer, CEO of DHL Group. “Our focus hasn’t shifted—we are investing where it counts and keeping our margins intact.”

A measured approach

Unlike rivals chasing quick volume wins, DHL has concentrated on preserving profitability. The company noted that Express and Freight Forwarding volumes were lower, but earnings remained strong thanks to tighter planning and cost control.

Analysts praised the group’s stability. “In this climate, delivering a result like this is no small feat,” said Natalie Fischer, an independent logistics consultant in Munich.

Guidance unchanged

DHL confirmed it is still aiming for €6–6.6 billion in EBIT this year, and €3 billion in free cash flow. It also reaffirmed investments in automation and green logistics.

“2025 is not a year for shortcuts,” Meyer added. “It’s a year to prove consistency matters.”

Shares rose 2.9% in morning trading following the announcement.

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