DHL Global Forwarding this week revealed that last year’s performance by the division had been below expectations.
But, pointing out that were you to exclude 2023’s one-off €114m ($123m) accounting gain, CFO Melanie Kreis told investors, divisional ebit for 2024 would be up 13%, year on year, rather than down 25%.
Full-year earnings, however, did not remove that accounting gain, with ebit recorded as a little over €1bn, compared with the €1.4bn …
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