Deutsche Post CEO says FY 2004 sales top 40 bln eur, sees ‘further clear gain’

Deutsche Post World Net AG’s full-year 2004 sales rose to

‘far more than 40 bln eur’ and are expected to post a ‘further clear gain’ this

year, chief executive Klaus Zumwinkel told Die Zeit newspaper.

Zumwinkel also said the company may outsource the delivery division of its

express mail DHL’s German operations to safeguard against volatile order

situations.

According to the newspaper, such a move would affect 10,000 jobs.

The newspaper said Zumwinkel ruled out larger acquisitions in the near

future and commented cautiously on possible cooperation with Austria’s mail

service.

‘This is a very emotional subject in Austria, but we have enough other

possibilities for expansion, for instance in Asia,’ he said.

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