TIDM0H3Q

Deutsche Post AG

07 October 2021

 
Deutsche Post AG / Key word(s): Quarter Results/Change in Forecast 
Deutsche Post AG sees strong Q3 2021 and will raise guidance 
 
07-Oct-2021 / 14:42 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, 
transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
Deutsche Post AG sees strong Q3 2021 and will raise guidance 
10/07/2021 
Disclosure of inside information pursuant to Article 17 MAR 
Management has today assessed the preliminary group results for the month of September and 
hence Q3 2021 as well as the outlook for the remainder of the year. 
The positive development of the group's businesses seen in the first half of the year has 
continued well through the third quarter 2021. Q3 volume trends confirm base assumptions with 
continued well supported B2B recovery and B2C volumes staying at high previous year levels 
across all major networks. At the same time the tight capacity situation both in Ocean and 
Air Freight markets continued. For Q3 2021 the EBIT performance is forming out as follows: 
Preliminary group EBIT reached around EUR 1.765 billion in Q3 2021 (Q3 2020: EUR 1.377 billion), 
bringing the EBIT of the first nine months of this year to around EUR 5.760 billion. As a 
reminder, Q3 2020 came including EUR -163 million for the one-time pandemic bonus; in this 
year's Q3 there is an effect of EUR -179 million with a similar distribution across the divisions. 
Related payment is expected in Q4. 
The divisional results in Q3 in detail: 
EBIT in the Express division reached around EUR 970 million in the third quarter of 2021 compared 
to previous year's Q3 of EUR 753 million. 
EBIT in Global Forwarding, Freight stood at around EUR 370 million in Q3 2021, also clearly 
ahead of previous year's Q3 of EUR 155 million. 
EBIT at Supply Chain came in at around EUR 140 million in Q3 2021, significantly above last 
year's Q3 result which stood at EUR 112 million. 
Also, eCommerce Solutions recorded Q3 2021 EBIT of around EUR 90 million. It was at EUR 76 
million in Q3 2020. 
EBIT in Post & Parcel Germany in Q3 2021 was around EUR 300 million (Q3 2020: EUR 320 million). 
Group Functions/Consolidation recorded a result of around EUR -105 million in Q3 2021; last 
year's Q3 reached EUR -39 million including positive effects in the context of the StreetScooter 
repositioning. 
The continued positive business development is underpinned by a continued equally strong development 
of cash flow; free cash flow in Q3 2021 amounted to more than EUR 1.0 billion. In Q3 2020 
this figure was at EUR 1.264 billion. For the first nine months of 2021 Free Cash Flow now 
stands at more than EUR 3.1 billion versus EUR 1.460 billion last year. 
In light of the continued positive earnings momentum also in Q3 2021, management will raise 
guidance for FY 2021 Group EBIT and FCF, driven by the strong development in the DHL divisions. 
Also, the mid-term guidance for FY 2023 will be subject to upward revision. 
 
The revised guidance will be published with the formal release of Q3 2021 earnings on November 
4(th) 2021. 
The comprehensive disclosure for Q3/9M 2021 will be released on November 4(th) 2021 as planned. 
Financial indicators: 
Explanations on these financial indicators are available in the 2020 Deutsche Post DHL Group 
Annual Report (see page 25f) which is published on the company's website at the link below: 
https://www.dpdhl.com/content/dam/dpdhl/en/media-center/investors/documents/annual-reports/DPDHL-2020-Annual-Report.pd 
f 
 
 
 
Contact: 
Martin Ziegenbalg 
EVP Investor Relations 
Tel: +49 (0)228-182-63000 
 
 
End of ad hoc announcement 
 
07-Oct-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate 
News and Press Releases. 
Archive at www.dgap.de 
 
 
Language:      English 
Company:       Deutsche Post AG 
               Charles-de-Gaulle-Straße 20 
               53113 Bonn 
               Germany 
Phone:         +49 (0)228 182 - 63 100 
Fax:           +49 (0)228 182 - 63 199 
E-mail:        ir@deutschepost.de 
Internet:      www.dpdhl.com 
ISIN:          DE0005552004, DE000A2G87D4 
WKN:           555200, A2G87D 
Indices:       DAX 
Listed:        Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, 
                Stuttgart; Regulated Unofficial Market in Tradegate Exchange 
EQS News ID:   1239138 
 
 
 
 
 
 
End of Announcement  DGAP News Service

1239138 07-Oct-2021 CET/CEST

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October 07, 2021 10:02 ET (14:02 GMT)