Deutsche Post DHL’s Q3 results breakdown

An in-depth look at Deutsche Post DHL’s latest financial figures for Q3. Deutsche Post DHL saw a Q3 revenue drop of 18.6% to 11.2bn euros as the recession continues to hamper the postal industry.

“With our cost management bearing fruit we are able to mostly offset the negative effects of the crisis”, said Frank Appel, CEO of Deutsche Post DHL. “Although we see initial positive signals with the stabilisation of transport volumes, there’s still no indication of a full-scale economic recovery. Therefore we can’t ease up; we must accelerate our efforts.”

Click here to view Deutsche Post DHL’s official financial report for Q3 2009

What are your thoughts on the results? Please comment below.

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