In the 2024 fiscal year, we anticipate consolidated EBIT between €6.0 billion and €6.6 billion. The DHL divisions are projected to generate total EBIT of more than €5.7. In the Post & Parcel Germany division, EBIT is forecast to come in at more than €0.8 billion. Group Functions is anticipated to contribute around €–0.45 billion to earnings. In view of the expected EBIT development in combination with a predicted increase in the asset charge, we expect the EAC to be down slightly year over year. Free cash flow is projected at around €2.75 billion, including a €250 million overall budget for M&A expenses.
The current business planning has not identified any significant changes in the Group’s overall opportunity and risk situation compared with last year’s risk report. No new risks with a potentially critical impact upon the Group’s result have been identified according to current assessments. Based upon the Group’s early-warning system and in the estimation of its Board of Management, there were no identifiable risks for the Group in the current forecast period that, individually or collectively, cast doubt upon the Group’s ability to continue as a going concern. Nor are any such risks apparent in the foreseeable future. The stable to positive outlook projected for the Group is moreover reflected in our credit rating.