Aug 5 (Reuters) - German logistics giant DHL
reported higher than expected second-quarter operating profit on
Tuesday, as strict cost discipline helped to overcome currency
headwinds and slower trade volumes momentum.
The company posted a quarterly earnings before interest and
tax (EBIT) of 1.43 billion euros ($1.65 billion), above
analysts' forecast of 1.33 billion euros in a company provided
consensus.
Despite the profitability beat, DHL's quarterly revenue fell
3.9% from a year earlier to 19.83 billion euros, below analysts'
forecast of 21.01 billion euros.
The German logistics giant confirmed its guidance for
operating profit of at least 6 billion euros in 2025 and said it
expected annual free cash flow excluding M&A of around 3 billion
euros. The forecast does not account for potential impacts from
changes in tariff or trade policies, it added.
($1 = 0.8654 euros)