Tag: Deutsche Post

Deutsche Post management confirms full-year 05 Group guidance

Posted by | Oct 24, 2005 | |

In the context of the Offering Document, which is now being posted to Exel shareholders, the Board of Deutsche Post confirms the forecast that current year operating profit (EBIT) will be at least Euro 3.6 billion. Correspondingly, the Board of Deutsche Post forecasts that the consolidated net profits will exceed those of the previous year by at least Euro 500 million.
The profit forecast for the full year 2005 is based on the interim financial results for the six months ended 30 June 2005, the management accounts for the two months ended 31 August 2005 and the Board of Deutsche Post’s forecast of results for the six months ending 31 December 2005.

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EU begins investigation into Deutsche Post acquisition of Exel

Posted by | Oct 20, 2005 | |

The European Commission has begun its initial investigation into the acquisition of Exel PLC by Deutsche Post. All mergers and acquistitions and joint ventures that meet certain sales thresholds in the EU are subject to approval by the commission. The initial probe lasts one month. The commission will decide on the outcome of its initial probe into this deal on Nov 24. At the end of its initial probe, the commission can decide to clear the deal, conditionally clear it, or open an in-depth probe lasting up to four months if there are serious competition concerns.

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German Federal Network Agency allows mail consolidators new numbering variant

Posted by | Oct 20, 2005 | |

The Federal Network Agency has called on Deutsche Post AG (DPAG) to end an anti-competitive practice. DPAG had refused to accept mail from consolidators, under their downstream access agreements, if it was not in conformity with DPAG’s specified numbering. Some of the competitors had called for a numbering method that differed slightly from DPAG’s and that would enable mail to be numbered consecutively at the same time as being automatically sorted to postal routing regions. “Doing away with a second processing run means that the consolidators, under their agreements, can consolidate larger volumes in the narrow time window they have between collection from the customer and dropoff at DPAG”, Matthias Kurth, Agency President, declared. “It will allow the consolidators to achieve bigger rate discounts for their customers – mostly SMEs – and to tap further customer potential.”

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UPS thinks outside the delivery box

Posted by | Oct 20, 2005 | |

‘WHAT can brown do for you?’ is not a marketing slogan that would work well in Europe. The Dutch journalist sitting next to me bursts into laughter when the idea is suggested during an interview with Kurt Kuehn, one of UPS’s senior vice presidents at the delivery giant’s boardroom set in leafy suburban Atlanta.

“Imagine how it would sound in German,” he says, hinting that a US company proudly advertising how its staff wear brown shirts would not go down well in a country where the colour brown has become almost taboo.

Fortunately, UPS is not that naive. Kuehn says it has never tried to export the slogan, which works well in the US where the company is known as “Big Brown” and the public has grown fond of its brown vans, which deliver packages to front doors across the country.

Corporate messaging does not, however, appear to be one of UPS’s many strengths. Its senior executives find it hard to hide their envy and disdain for rivals that use marketing to raise their profile.

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German military to privatise logistics, has approached DHL

Posted by | Oct 20, 2005 | |

Germany’s military is planning to privatise its logistics operations and has approached Deutsche Post World Net AG’s DHL about the matter, Handelsblatt newspaper reported, citing Ulrich Horsmann, head of the military’s procurement office, and a spokeswoman for DHL.

‘We were approached by the military, which asked us to work out some ideas on the matter,’ the spokeswoman for DHL said, but added there are currently no ongoing talks.

The newspaper cited industry sources as saying DHL is likely the only serious candidate for such a major project, especially as United Parcel Service already handles the US military’s logistics.

Horsmann said the German government may put out an initial 800 mln eur tender by the second half of 2006, which may result in 250 mln eur annual cost savings. Germany’s military spends about 3 bln eur per year on logistics.

The military’s privatisation plans include 190 depots, warehouses and distribution centres.

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