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Old 14th Jan 2019, 03:27
  #10 (permalink)  
Join Date: Feb 2018
Location: #N/A
Posts: 62
Certainly a low-margin high volume game, with much of the profit being on the end-to-end side of the business. Taking the DHL 2017 annual report as an example:
  • As overall business, DHL had €3.7 bn profit on €60.4 bn revenue - around a 6% margin.
  • On freight alone, profit was €0.28 bn on €14.5 bn revenue - margin of just 2%
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