Freight forwarding giant DHL’s net income rose 9.6% y-o-y to EUR 815 mn in 2Q 2025, according to an earnings release (pdf). Revenues dipped 3.9% y-o-y to EUR 19.8 bn in the same period, with management attributing the drop to exchange rate effects and slower growth in trade volumes.

The firm’s been weathering 1H’s geopolitical shockwaves, and expects market volatility to continue into 2H. Meanwhile, DHL “adjusted [its] capacities to the volume development and achieved structural cost improvements”, group CFO Melanie Kres said, adding that the combination “has significantly contributed to earnings growth.”

In 1H terms: DHL’s bottom line surged 7.9% y-o-y to EUR 1.6 bn in 1H 2025, while its top line flagged 0.6% to record EUR 40.6 bn in the same period, according to a separate statement (pdf).

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