DHL AG Increases Full-Year 2026 Earnings Forecast

On October 16, 2026, DHL AG announced a revision of its earnings forecast for the full year 2026. The company expects Group EBIT to exceed EUR 7.0 billion, up from the previous forecast of over EUR 6.5 billion. This adjustment is due to strong earnings momentum, particularly in the Express division, and a robust seasonal peak anticipated in Q4.

The EBIT forecast for DHL divisions has been raised to more than EUR 6.4 billion. The outlook for Post & Parcel Germany and Group Functions remains unchanged. The FY 2026 free cash flow, excluding net M&A, is now expected to surpass EUR 3.2 billion, up from around EUR 3.0 billion initially anticipated. Capital expenditure for 2026 is adjusted to about EUR 3.6 billion.

In Q3 2026, DHL reported strong financial performance. Group revenue rose by over 12% year-over-year, reaching approximately EUR 22.6 billion. Group EBIT increased by 16% compared to the previous year. The DHL Express division showed significant gains, with EBIT up to around EUR 1,035 million.