Delivered on Guidance with Strong Profitability
Group EBIT increased to EUR 6.2 billion for FY2025 (reported EBIT up 3.7% YoY; adjusted operating profit up 7.1% YoY to EUR 6.2 billion), demonstrating delivery against guidance despite a volatile macro environment.
Earnings Per Share and ROIC Improvement
Reported earnings per share rose 8% year‑on‑year; group ROIC improved by 20 basis points, signaling improved capital efficiency and shareholder value creation.
Strong Cash Generation and Capital Return
Free cash flow (excluding M&A) came in ahead of target at EUR 3.2 billion; net CapEx ~EUR 3 billion and net M&A ~EUR 1 billion for the year. Management reiterated dividend resumption and a remaining EUR 1.5 billion of share buybacks.
Fit for Growth Cost Savings Ahead of Plan
Fit for Growth delivered approximately EUR 600 million of gross structural cost savings in 2025 (achieved earlier than initially expected), providing momentum toward the stated target and structural efficiency gains across aviation, ground operations and support functions.
Operational Momentum in Key Divisions
DHL Express reported its sixth consecutive quarter of EBIT growth (adjusted for nonrecurring items). DHL Supply Chain delivered top‑ and bottom‑line growth and contributed to a 7% operating EBIT increase for the full year, supported by strong new contract signings and automation/digitalization benefits.
Nonfinancial and ESG Progress
Employee engagement score reached 82; realized decarbonization of 2.1 million tonnes (slightly above target); cybersecurity rating at 780, described as top of peer range.
Concrete AI and Technology Deployment Plans
Management outlined targeted AI deployments with measurable use cases (customs, customer service, vehicle maintenance, 'delivery buddy' on hand scanners), plus continued investment in robotics and automation to drive efficiency and service improvement at industrial scale.
Steady 2026 Financial Guidance
Guidance for 2026: group EBIT in excess of EUR 6.2 billion, free cash flow around/exceeding EUR 3.0 billion, gross CapEx of ~3.0–3.3% of revenue, and a normalized tax rate around 30%.