Transportation German postal group DHL wants to massively increase turnover

The German postal group DHL wants to increase its turnover by half by the end of this decade. This is the result of a new strategy that sets out the targets for the second half of this decade.

In 2023, the company achieved a turnover of just under 82 billion euros, by 2030 it should be more than 120 billion euros, as DHL announced on Monday evening. "We want to grow faster and more profitably," said CEO Tobias Meyer. According to the company, the focus is on organic growth, but acquisitions are also possible.

An important growth driver will be online retail, which is causing parcel volumes to skyrocket. Frozen specialty warehousing for the pharmaceutical market as well as the transportation of wind turbines and other businesses are also expected to play a role.

The DHL Group has almost 600,000 employees worldwide, a good third of them in Germany. The company used to be called Deutsche Post DHL, but changed its name to DHL Group last year. In the national mail business, which is shrinking in the Internet age, it still operates as Deutsche Post.