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DHL Supply Chain Middle East posts positive first quarter earnings

  • United Arab Emirates: Monday, May 11 - 2009 at 11:23
  • PRESS RELEASE

DHL Supply Chain Middle East has recorded a positive performance in the first quarter of 2009 with strong double digit growth, and an improved year on year position, both in terms of Revenue and EBIT.

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  • David Christmas, CEO Middle East, DHL Supply Chain.
    David Christmas, CEO Middle East, DHL Supply Chain.

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"The contract logistics sector remains robust and our position will grow stronger as we pursue the One DHL initiative laid out in the Group's Strategy 2015," said David Christmas, CEO Middle East, DHL Supply Chain.

"While it is essential that we manage our short-term challenges in the current economic climate, in the long term, we are focused on delivering integrated service solutions that make our customers' lives and their business easier and this is reflected in our solid performance."


Globally, the Supply Chain division reported that EBIT for the division remained stable at 34m euros for the first quarter; largely as a result of reduced overhead costs. If total restructuring charges of 8m euros were excluded from the equation, EBIT would have risen by 23.5%.

The performance consolidates DHL's position as market leader in the Middle East, where the company has been offering world-class express and logistics services to customers for over 30 years.
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Notes and media contacts

DHL is the global market leader of the international express and logistics industry, specializing in providing innovative and customized solutions from a single source.

DHL offers expertise in express, air and ocean freight, overland transport, contract logistic solutions as well as international mail services, combined with worldwide coverage and an in-depth understanding of local markets. DHL's international network links more than 220 countries and territories worldwide. Some 300,000 employees are dedicated to providing fast and reliable services that exceed customers' expectations.

DHL is a Deutsche Post DHL company. The group generated revenues of more than 63bn euros in 2007.

Media Inquiries:

Sonia Larsen
+971 420 5678
Rima Ali Al Mashni Posted by Rima Ali Al Mashni
Monday, May 11 - 2009 at 11:23 UAE local time (GMT+4)

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