6 days ago
- Business
- Wall Street Journal
DHL Parent Backs Guidance Despite Continued Uncertainty
DHL DHL 2.33%increase; green up pointing triangle parent Deutsche Post backed its full-year financial guidance despite expectations that the global economy will remain volatile in the second half of the year.
The German logistics company—also known as DHL Group—noted that trade conflicts and geopolitical tensions increased during the second quarter, but said its focus on cost efficiency measures and growth markets was boosting profit.