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Deutsche Post DHL Stock Up On Strong Q1 Profit, Outlook Revision


Deutsche Post DHL Stock Up On Strong Q1 Profit, Outlook Revision
BONN (dpa-AFX) - Shares of Deutsche Post DHL Group were gaining around 5 percent in German trading after the logistics company reported Wednesday significantly higher profit and revenues in its first quarter. Further, the company raised fiscal 2021 earnings guidance significantly due to positive business performance. The company expects further growth in the coming quarters, even with growth rates normalizing over time.
Looking ahead for fiscal 2021, the company now expects EBIT to increase to more than 6.7 billion euros, compared to the prior outlook of significantly above 5.6 billion euros. EBIT in the prior year was 4.8 billion euros. ....

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Technavio Research: Domestic Freight Market in US to Grow Over $ 170 Billion During 2021-2025 | Featuring Vendors Including Deutsche Post DHL Group, DSV Panalpina A/S, and Others


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Technvaio forecast the global domestic freight market in the US to grow by USD 170.10 billion during 2021-2025. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 5%.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210118005506/en/
Technavio has announced its latest market research report titled Domestic Freight Market in US 2021-2025 (Graphic: Business Wire). ....

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