5 Revenue by business unit
|
| €m |
H1 2024 |
H1 2025 |
| Express |
11,947 |
11,679 |
| Global Forwarding, Freight |
8,895 |
8,780 |
| Global Forwarding |
6,802 |
6,794 |
| Freight |
2,093 |
1,986 |
| Supply Chain |
8,618 |
8,528 |
| eCommerce |
3,218 |
3,294 |
| Post & Parcel Germany |
8,205 |
8,351 |
| Post Germany |
3,674 |
3,491 |
| Parcel Germany |
3,458 |
3,804 |
| International |
994 |
1,003 |
| Other |
79 |
53 |
| Group Functions |
7 |
2 |
| Total |
40,890 |
40,634 |
|
Group revenue fell by €256 million year on year to €40,634 million. While organic growth (€181 million) and acquisitions and divestitures in the current fiscal year (€22 million) increased revenue, currency effects reduced it by €458 million.
6 Other operating income
|
| €m |
H1 2024 |
H1 2025 |
| Insurance-related income |
219 |
231 |
| Income from currency translation |
148 |
171 |
| Income from the remeasurement and derecognition of liabilities |
244 |
154 |
| Operating lease income |
105 |
89 |
| Income from the reversal and remeasurement of provisions |
108 |
77 |
| Income from the disposal of assets |
28 |
56 |
| Income from fees and reimbursements |
59 |
53 |
| Income from loss compensation |
24 |
40 |
| Sublease income |
18 |
30 |
| Income from prior-period billings |
29 |
27 |
| Income from derivatives |
7 |
24 |
| Subsidies |
21 |
24 |
| Miscellaneous other operating income |
221 |
298 |
| Total |
1,232 |
1,273 |
|
Income from the disposal of assets includes the deconsolidation gain of €15 million from the sale of Deutsche Post DHL Facility Management Deutschland GmbH, note 2. Miscellaneous other operating income includes a large number of smaller individual items.
7 Depreciation, amortization and impairment losses
|
| €m |
H1 2024 |
H1 2025 |
| Amortization of and impairment losses on intangible assets, of which 0 (previous year: 0) impairment losses |
138 |
140 |
| Depreciation of and impairment losses on property, plant and equipment acquired, of which 0 (previous year: 2) impairment losses |
998 |
1,061 |
| Depreciation of and impairment losses on right-of-use assets, of which 2 (previous year: 0) impairment losses |
1,184 |
1,209 |
| Impairment of goodwill |
0 |
0 |
| Total |
2,320 |
2,410 |
|
Impairment losses of €2 million related to the Post & Parcel Germany segment. In the previous year, only the Supply Chain segment was affected.
8 Other operating expenses
|
| €m |
H1 2024 |
H1 2025 |
| Cost of purchased cleaning and security services |
354 |
372 |
| Warranty expenses, refunds and compensation payments |
287 |
304 |
| Other business taxes |
170 |
194 |
| Travel and training costs |
176 |
176 |
| Currency translation expenses |
149 |
169 |
| Expenses for advertising and public relations |
159 |
160 |
| Insurance costs |
158 |
158 |
| Telecommunication costs |
117 |
107 |
| Entertainment and corporate hospitality expenses |
99 |
105 |
| Customs-clearance-related charges |
112 |
102 |
| Office supplies |
112 |
99 |
| Write-downs and remeasurements |
55 |
79 |
| Consulting costs (including tax advice) |
66 |
74 |
| Voluntary social benefits |
53 |
58 |
| Monetary transaction costs |
56 |
57 |
| Contributions and fees |
49 |
55 |
| Commissions paid |
51 |
53 |
| Services provided by the Bundesanstalt für Post und Telekommunikation (German Federal Post and Telecommunications Agency) |
51 |
52 |
| Miscellaneous other operating expenses |
275 |
284 |
| Total |
2,551 |
2,657 |
|
Miscellaneous other operating expenses include a large number of smaller individual items.
9 Net income/loss from investments accounted for using the equity method
Net income from investments accounted for using the equity method increased by €79 million to €67 million. This was largely due to the gain from the change in consolidation method for ASMO in the amount of €67 million, note 2.
10 Earnings per share
Basic earnings per share in the reporting period were €1.40 (previous year: €1.27).
| BASIC EARNINGS PER SHARE |
| |
|
H1 2024 |
H1 2025 |
| Consolidated net profit for the period attributable to Deutsche Post AG shareholders |
€m |
1,484 |
1,602 |
| Weighted average number of shares outstanding |
Number |
1,171,754,038 |
1,145,175,773 |
| Basic earnings per share |
€ |
1.27 |
1.40 |
|
Diluted earnings per share in the reporting period were €1.39 (previous year: €1.25). The convertible bond 2017/2025 was fully repaid on June 30, 2025, and is therefore no longer included in the calculation of diluted earnings.
| DILUTED EARNINGS PER SHARE |
| |
|
H1 2024 |
H1 2025 |
| Consolidated net profit for the period attributable to Deutsche Post AG shareholders |
€m |
1,484 |
1,602 |
| Plus interest expense on the convertible bond |
€m |
4 |
0 |
| Less income taxes |
€m |
1 |
0 |
| Adjusted consolidated net profit for the period attributable to Deutsche Post AG shareholders |
€m |
1,487 |
1,602 |
| Weighted average number of shares outstanding |
Number |
1,171,754,038 |
1,145,175,773 |
| Potentially dilutive shares |
Number |
21,038,305 |
3,081,798 |
| Weighted average number of shares for diluted earnings |
Number |
1,192,792,343 |
1,148,257,571 |
| Diluted earnings per share |
€ |
1.25 |
1.39 |
|
