Outlook 2022

in € million20212021 adjusted for assumed non-recurring impact Covid-192022 outlook
(28 February 2022)
2022 revised outlook
(9 May 2022)
remarks
Outlook




Normalised EBIT308226210-240170-210including ~(20) for expansion of capacity, digital NEXT and increase in non-cash IFRS pension expenses
Free cash flow*288110-140110-140strict working capital management; capex aligned with parcel volume projections 
Other main financial indicators

2022 indicative

Normalised comprehensive income285
~200
to develop in line with normalised EBIT
* Cash flow before dividend/share buybacks, acquisitions, redemption of bonds/other financing activities; after payment of leases