DGAP-Ad-hoc: Deutsche Post AG / Key word(s): Change in Forecast/Quarterly / Interim Statement 
Deutsche Post AG exceeds expectations on Q1 2021 and raises guidance for 2021 
09-Apr-2021 / 16:05 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Ad hoc: Deutsche Post AG exceeds expectations on Q1 2021 and raises guidance for 2021 
04/09/2021 
Disclosure of inside information pursuant to Article 17 MAR 
Management has today assessed the preliminary group results for the month of March and hence Q1 2021 as well as the 
outlook for the remainder of the year. 
The positive development of the group's businesses seen in Q4 2020 has continued well through the first quarter 2021. 
In the first three months of the year the B2C shipment volumes remained high in all networks while the recovery in the 
B2B businesses continued. For Q1 2021 the EBIT performance is forming out as follows: 
Preliminary group EBIT reached around EUR 1.9 billion in Q1 2021 (Q1 2020: EUR 592 million). The previous year's result 
included a one-time effect of EUR -234 million in the context of StreetScooter. In last year's Q1 numbers the company 
quantified the initial impact of the pandemic, this practice was not maintained. There were no one-time effects 
recorded in Q1 2021. 
The divisional results in detail: 
The Express division reached EBIT in the first quarter of around EUR 955 million compared to previous year's Q1 of EUR 
393 million. 
EBIT in Global Forwarding, Freight stood at around EUR 215 million in Q1 2021, clearly above previous year's Q1 of EUR 
73 million. 
EBIT at Supply Chain came in at around EUR 165 million in Q1 2021. It was at EUR 105 million in Q1 2020. 
Also, eCommerce Solutions recorded Q1 2021 EBIT of around EUR 115 million, clearly above last year's Q1 result of EUR 6 
million. 
Finally, EBIT in Post & Parcel Germany in Q1 2021 was around EUR 555 million (Q1 2020: EUR 334 million). 
Group Functions recorded a result of around EUR -100 million in Q1 2021; last year's Q1 reached EUR -319 million 
including the burden of EUR 234 million in the StreetScooter context. 
The continued positive business development is underpinned by a strong development of cash flow; free cash flow in Q1 
2021 amounted to around EUR 1.0 billion. In Q1 2020 this figure was still negative at EUR -409 million. 
In light of the strong earnings momentum, management will introduce a revised detailed guidance with the release of the 
full Q1 2021 reporting due May 5^th 2021. 
In the meantime the previous guidance is adjusted as follows: 
Group EBIT for 2021 is now expected to be 'significantly above' EUR 5.6 billion (so far: more than EUR 5.6 billion). 
Equally, the result for the DHL divisions in now seen 'significantly above' EUR 4.5 billion (so far: around EUR 4.5 
billion). EBIT for the Post & Parcel Germany division is no longer expected at around EUR 1.6 billion but 'above' EUR 
1.6 billion. The expectation of a Group Functions EBIT of around EUR -0.4 billion is unchanged. 
Full year 2021 Free Cash Flow is now expected to be 'significantly above' EUR 2.3 billion (so far: around EUR 2.3 
billion). 
The comprehensive disclosure for Q1 2021 will be released on May 5th as planned. 
Financial indicators: 
Explanations on these financial indicators are available in the 2020 Deutsche Post DHL Group Annual Report (see page 
25f) which is published on the company's website at the link below: 
https://www.dpdhl.com/content/dam/dpdhl/en/media-center/investors/documents/annual-reports/DPDHL-2020-Annual-Report.pdf 
Contact: 
Martin Ziegenbalg 
EVP Investor Relations 
Tel: +49 (0)228-182-63000 
=---------------------------------------------------------------------------------------------------------------------- 
09-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Deutsche Post AG 
              Charles-de-Gaulle-Straße 20 
              53113 Bonn 
              Germany 
Phone:        +49 (0)228 182 - 63 100 
Fax:          +49 (0)228 182 - 63 199 
E-mail:       ir@deutschepost.de 
Internet:     www.dpdhl.com 
ISIN:         DE0005552004, DE000A2G87D4 
WKN:          555200, A2G87D 
Indices:      DAX 
Listed:       Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; 
              Regulated Unofficial Market in Tradegate Exchange 
EQS News ID:  1183063 
 
End of Announcement  DGAP News Service 
=------------

1183063 09-Apr-2021 CET/CEST

(END) Dow Jones Newswires

April 09, 2021 10:07 ET (14:07 GMT)