DHL sees higher 2026 operating profit even as geopolitical environment worsens

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices jump over 4% as Middle East war escalates, fuels supply fears Iran conflict latest: Hegseth says Iran conflict has "only just begun" Gold prices rebound from previous session’s hefty drop, helped by weaker dollar Nasdaq ends more than 1% higher as solid economic data lifts spirits (South Africa Philippines Nigeria) DHL sees higher 2026 operating profit even as geopolitical environment worsens By Stock Markets Published 03/05/2026, 01:12 AM Updated 03/05/2026, 01:48 AM DHL sees higher 2026 operating profit even as geopolitical environment worsens 0 FDX 0.41% DHLn 2.93% MAERSKa -1.58% HLAG -2.07% By Emanuele Berro March 5 - German logistics group DHL on Thursday forecast a higher operating profit for 2026, broadly in line with market expectations, despite the worsening geopolitical environment. It expects earnings before interest and taxes to exceed 6.2 billion euros ($7.2 billion), after reporting 6.1 billion euros for last year. Free cash flow excluding acquisitions should be around 3 billion euros. Both targets matched analysts’ average forecasts in a company-provided consensus. "There is still significant geopolitical volatility and uncertainty out there, as we have already seen in the first two months of the year," CEO Tobias Meyer said in a statement. "Our forecast does not assume any improvement in the global economic environment." Logistics and shipping companies are facing mounting disruptions across air and sea routes as the conflict in the Middle East intensifies. Iran’s closure of the Strait of Hormuz on Sunday forced major carriers including Maersk , Hapag-Lloyd and CMA CGM to once again divert vessels around Africa, adding significant transit time and costs. U.S. parcel giant FedEx also said on Monday it was temporarily halting services in five countries in the region. DHL reported a 1.3% decline in its fourth-quarter operating profit to 1.83 billion euros, as expected by analysts. The ...