DHL Group


Expect lower EPS but robust FCF over 2023-25

14/03/23 -"We have rolled over our model to 2023 and and have cut our EPS following lower mid-term EBIT guidance from the group. Compared to before, the normalisation in freight rates has materialised thick and ..."

Pages
47
Language
English
Published on
14/03/23
You may also be interested by these reports :
16/05/24
The decrease in our target price is due to the updating of our estimates and the effect on the NAV and DCF valuations (see the related comments). ...

14/05/24
IAG’s ytd performance has been pleasing. We reaffirm our upbeat stance on the name for the longer run, considering its potential to resume robust ...

13/05/24
Despite the Q1 capacity being slightly short of the guidance, IAG reported an adjusted operating profit which slightly beat analysts’ average ...

07/05/24
DHL group’s Q1 EBIT was slightly ahead of the company-compiled consensus even as revenues were very slightly below it. The volumes in B2B grew from a ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO