DHL plans to cut 8,000 jobs in Germany by 2027 to save over €1 billion. A Post & Parcel spin-off is not planned. There are signs of a US economic slowdown, as the country accounts for 20% of DHL's top-line sales. However, tariffs and trade wars are not included in the yearly outlook. Valuation is aligned with the historical average and considers lower profits. We moved our rating to neutral.
Es geht um verlorene Briefe, beschädigte Pakete oder verspätete Sendungen: Bei der Bundesnetzagentur sind noch nie so viele Post-Beschwerden DE0005552004 eingegangen wie im vergangenen Jahr.
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