DHL banks on burgeoning markets like South-east Asia as it aims for 50% revenue growth by 2030
Tariffs or not, it has set aside billions for expansion and sees huge potential in life sciences and e-commerce
[SINGAPORE] US tariffs are expected to wreak havoc on global supply chains, but logistics giant DHL is not that worried.
DHL’s Strategy 2030 plan, announced in September last year, aims to boost its revenue by 50 per cent by 2030. That translates to a revenue target of roughly 123 billion euros (S$183.6 billion), up from an income of around 82 billion euros received in 2023.
Despite the current tariff turmoil, its revenue target remains unchanged as it prepares for growth in fast-growing regions like South-east Asia, in the areas of life sciences and healthcare as well as e-commerce, among others.
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