- Deutsche Post reported their second-quarter earnings before interest and taxes (Ebit) at €1.35 billion, surpassing the estimate of €1.33 billion.
- Post and Parcel Germany’s Ebit came in at €130 million, below the expected €137.4 million.
- Supply Chain Ebit was €279 million, exceeding the estimate of €263 million.
- Express Ebit reached €683 million, higher than the anticipated €676.5 million.
- Global Forwarding, Freight Ebit was €279 million, slightly below the projected €283.4 million.
- E-commerce Solutions Ebit was €67 million, above the forecasted €64.1 million.
- Total revenue was €20.64 billion, ahead of the estimate of €20.34 billion.
- Post and Parcel Germany revenue was €4.16 billion, just above the estimate of €4.12 billion.
- Express revenue totalled €6.22 billion, topping the expected €6.14 billion.
- Supply Chain revenue met expectations at €4.35 billion.
- Global Forwarding, Freight revenue was €4.88 billion, higher than the projected €4.74 billion.
- E-commerce Solutions revenue was €1.67 billion, above the estimate of €1.6 billion.
- Net income was €744 million, falling short of the expected €767.8 million.
- Free cash flow was €344 million, below the estimate of €525.4 million.
- The company maintains its full-year Ebit forecast of €6 billion to €6.6 billion, with the estimate being €6.11 billion.
- The forecast for free cash flow remains around €3 billion, above the estimate of €2.8 billion.
- DHL expects second-half 2024 earnings to surpass those of the previous year, contingent on global economic conditions.
- Analysts’ recommendations include 13 buys, 8 holds, and no sells.
Deutsche Post on Smartkarma
On Smartkarma, analyst Dimitris Ioannidis has provided valuable insight into the potential changes in the STOXX 50 index for September. In his report, he indicates that Nokia, Reckitt Benckiser, and Deutsche Post are candidates for removal from the index, potentially making way for Intesa Sanpaolo and Banco Bilbao as replacements. The analyst’s bearish sentiment on Deutsche Post suggests potential challenges or weaknesses affecting the company’s standing within the index.
A look at Deutsche Post Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Deutsche Post AG, a company that provides mail delivery and various services to individuals and businesses, has received a mixed outlook based on Smartkarma Smart Scores. While the company’s dividends scored the highest at 5, indicating a strong dividend performance, its value and growth scores came in at 3 each. This suggests a moderate standing in terms of value and growth potential. In terms of momentum, Deutsche Post earned a score of 4, showing solid upward movement. However, resilience scored the lowest at 2, signaling some vulnerability in this aspect. Overall, the company’s long-term outlook seems positive with strong dividend performance and decent momentum, although some areas may require attention to enhance resilience and growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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