5 Revenue by business unit
|
| €m |
H1 2023 |
H1 2024 |
| Express |
12,126 |
11,947 |
| Global Forwarding, Freight |
9,701 |
8,895 |
| Global Forwarding |
7,587 |
6,802 |
| Freight |
2,114 |
2,093 |
| Supply Chain |
8,273 |
8,618 |
| eCommerce |
2,944 |
3,218 |
| Post & Parcel Germany |
7,951 |
8,205 |
| Post Germany |
3,722 |
3,674 |
| Parcel Germany |
3,204 |
3,458 |
| International |
958 |
994 |
| Other |
67 |
79 |
| Group Functions/Consolidation |
17 |
7 |
| Total |
41,012 |
40,890 |
Group revenue fell by €122 million year on year to €40,890 million. While organic growth (€–266 million) and currency effects
(€–137 million) reduced revenue, the previous year’s acquisitions (portfolio changes) added revenue of €281 million.
6 Other operating income
|
| €m |
H1 2023 |
H1 2024 |
| Income from the remeasurement of liabilities |
156 |
228 |
| Insurance-related income |
205 |
219 |
| Income from currency translation |
278 |
149 |
| Income from the reversal and remeasurement of provisions |
97 |
108 |
| Operating lease income |
105 |
105 |
| Income from fees and reimbursements |
57 |
60 |
| Income from the disposal of assets |
32 |
28 |
| Miscellaneous other operating income |
369 |
335 |
| Total |
1,299 |
1,232 |
Miscellaneous other operating income includes a large number of smaller individual items.
7 Changes in inventories and work performed and capitalized
|
| €m |
H1 2023 |
H1 2024 |
| Income (+)/expense (–) from changes in inventories |
80 |
–26 |
| Work performed and capitalized |
103 |
111 |
| Total |
183 |
85 |
Changes in inventories relate primarily to real estate development projects.
8 Depreciation, amortization and impairment losses
|
| €m |
H1 2023 |
H1 2024 |
| Amortization of and impairment losses on intangible assets, of which impairment loss: 0 (previous year: 0) |
123 |
138 |
| Depreciation of and impairment losses on property, plant and equipment acquired, of which impairment losses: 2 (previous year: 1) |
928 |
998 |
|
Depreciation of and impairment losses on right-of-use assets, of which impairment
losses: 0 (previous year: 1)
|
1,104 |
1,184 |
| Impairment of goodwill |
0 |
0 |
| Total |
2,155 |
2,320 |
As in the previous year, impairment losses arose solely in the Supply Chain segment. They amounted to €2 million.
9 Other operating expenses
|
| €m |
H1 2023 |
H1 2024 |
| Cost of purchased cleaning and security services |
332 |
354 |
| Warranty expenses, refunds and compensation payments |
257 |
287 |
| Travel and training costs |
167 |
176 |
| Other business taxes |
177 |
170 |
| Expenses for advertising and public relations |
158 |
159 |
| Insurance costs |
155 |
158 |
| Currency translation expenses |
265 |
149 |
| Telecommunication costs |
116 |
118 |
| Office supplies |
110 |
112 |
| Customs-clearance-related charges |
96 |
112 |
| Entertainment and corporate hospitality expenses |
95 |
99 |
| Miscellaneous other operating expenses |
674 |
657 |
| Total |
2,602 |
2,551 |
Miscellaneous other operating expenses include a large number of smaller individual items.
10 Net income/expenses from investments accounted for using the equity method
Net income/expenses from investments accounted for using the equity method deteriorated from income of €12 million in the previous year to expenses of €12 million in the reporting period. This was primarily due to income recorded in the previous year from share dilutions involving the Israeli company Global-E Online Ltd. and the US company Supply Network Visibility Holdings, LLC.
11 Earnings per share
Basic earnings per share in the reporting period were €1.27 (previous year: €1.58).
BASIC EARNINGS PER SHARE
|
| |
|
H1 2023 |
H1 2024 |
| Consolidated net profit for the period attributable to Deutsche Post AG shareholders |
€m |
1,889 |
1,484 |
| Weighted average number of shares outstanding |
Number |
1,193,088,223 |
1,171,754,038 |
| Basic earnings per share |
€ |
1.58 |
1.27 |
Diluted earnings per share in the reporting period were €1.25 (previous year: €1.55).
DILUTED EARNINGS PER SHARE
|
| |
|
H1 2023 |
H1 2024 |
| Consolidated net profit for the period attributable to Deutsche Post AG shareholders |
€m |
1,889 |
1,484 |
| Plus interest expense on the convertible bond |
€m |
4 |
4 |
| Less income taxes1 |
€m |
0 |
1 |
Adjusted consolidated net profit for the period attributable to
Deutsche Post AG shareholders |
€m |
1,893 |
1,487 |
| Weighted average number of shares outstanding |
Number |
1,193,088,223 |
1,171,754,038 |
| Potentially dilutive shares |
Number |
25,885,299 |
21,038,305 |
| Weighted average number of shares for diluted earnings |
Number |
1,218,973,522 |
1,192,792,343 |
| Diluted earnings per share |
€ |
1.55 |
1.25 |
1 Rounded below €1 million.
|
