DHL Ireland delivers 5% revenue increase to €84m

Pre-tax profits at the Irish arm of international distribution giant DHL last year fell 7% to €1.6m despite a 5% increase in revenues.

New accounts lodged by DHL Express Ireland Ltd (DHLI) show the firm recorded the drop in pre-tax profits, as revenues rose 5% to €84.32m in 2015.

The increase in the firm’s revenues came after DHLI restructured its business here in 2010 to scale back its domestic delivery service, including the closure of five DHL service centres with the loss of 300 jobs. It recorded an operating profit of €1.86m.