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Deutsche Post AG (DPWGn.DE)

DPWGn.DE on Xetra

30.35EUR
16 Aug 2018
Change (% chg)

€0.19 (+0.63%)
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€30.16
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Tue, Aug 7 2018

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Deutsche Post second quarter profit drops on post, parcel woes

BERLIN Deutsche Post DHL Group reported slightly lower than expected operating profit for the second quarter, with earnings at its troubled post and parcel division weighing.

UPDATE 1-Logistics firm DHL to create venture with Ethiopian Airlines

NAIROBI, July 27 DHL Global Forwarding has signed an agreement with state-owned Ethiopian Airlines to set up a joint venture logistics company to serve Africa, the company that is part of Deutsche Post DHL Group said on Friday.

UPDATE 1-Deutsche Post hires bank to explore StreetScooter options -sources

* IPO, partial sale among options -sources (Adds further details on valuation, potential partners)

Deutsche Post hires bank to explore Streetscooter options-sources

FRANKFURT/DUESSELDORF, July 11 German postal services group Deutsche Post has hired a bank to evaluate options for its electric van business Streetscooter as it seeks to expand the unit and benefit from an expected surge in demand, people close to the matter said.

UPDATE 1-Deutsche Post executive board member to quit over strategy differences

* Board member Ogilvie takes over as head of electric van unit (Adds background on Gerdes career, PeP unit)

Deutsche Post warns parcel restructuring will hit profit

FRANKFURT Deutsche Post DHL set out plans to restructure its post and parcel delivery division to better cope with rising staff and transport costs and slashed its 2018 operating profit forecast by almost a quarter, sending its shares sharply lower.

Deutsche Post CEO says has 'ideas' for leadership of parcel ops

FRANKFURT Deutsche Post DHL Chief Executive Frank Appel said he had "some ideas" for the future leadership of the group's Post - eCommerce - Parcel (PeP) division but declined to provide details.

UPDATE 2-Deutsche Post warns parcel restructuring will hit profit

* Shares drop as much as 9 percent (Adds further details of restructuring measures, CEO comment, analyst comment)

Deutsche Post shares plunge on restructuring costs

FRANKFURT, June 8 Deutsche Post will take a hit of around 650 million euros ($763 million) this year as it strives to boost profitability at its post and parcel delivery division, it said on Friday, hammering its shares.

Deutsche Post says Streetscooter flotation possible

DUEREN, Germany Deutsche Post DHL could envisage floating its Streetscooter electric van business, which is expanding internationally, on the stock market, but not for another two to three years, an executive said.

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