Deutsche Post DHL wants to become the driving force in the industry
Deutsche Post DHL keeps its focus on sustainable business success and will make additional investments therefore
Deutsche Post DHL, the globally operating post and logistics group, aims to continue profit growth. Between 2013 and 2020, the company expects earnings growth of more than 8 per cent per year on average for the group, said Frank Appel, the CEO of Deutsche Post DHL, when presenting the interim report January to June 2014. The DHL divisions are expected to continue to be the main contributor to the company’s revenue growth and to the anticipated strong increase in profitability, with an annual average EBIT growth of approximately 10 per cent per year.
To achieve these long-term targets and to further bolster the divisions‘ exceptional position in global growth markets, the group will make further investments in 2014 and 2015. The focal points are the NFE program in the Global Forwarding, Freight division and the continued organisational and contract mix optimisation of the Supply Chain division.
„With the ‚Strategy 2020‘ announced in April, we laid the foundation to enable us to continue to profitably and sustainably expand our business in future years,“ said Frank Appel. „To reach our goal of defining all aspects of the logistics industry by 2020, we intend to build on our strengths and forge ahead in the key initiatives announced. For this reason, we are investing in the continued optimisation of our divisions and will remain focused not on the group’s short-term profitability, but on its long-term and sustainable success. The identified measures will make an important contribution to our strategy and will do much to help us become the driving force in the industry.“
In the first half of the year, group revenues totalled EUR 27.3 billion, about EUR 250 million above the previous year’s level. Compared with the first half of 2013, operating earnings increased by 3.8 per cent to EUR 1.4 billion. During the six-month period this year, consolidated net profit increased by nearly 5 per cent, climbing from EUR 920 million in 2013 to EUR 963 million in the current financial year.
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Quelle: LogEastics
Portal: www.logistik-express.com