Deutsche Post DHL Group reduces holding in Sinotrans
Deutsche Post DHL Group has reduced its holding in the Chinese logistics company, Sinotrans Ltd.
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Deutsche Post DHL Group reports 8.8% revenue growth
Deutsche Post DHL Group has reported revenues of EUR 14.8 billion for the first quarter of 2015, up 8.8% on the same period last year, and a 1.4% drop in consolidated net profit to EUR 495 million. After adjustment for currency effects, Group revenue increased by 2.1%.
Read MoreDeutsche Post lashes out at union demands for pay increase and shorter week
Deutsche Post has described the latest pay demands from union Ver.di as “divorced from reality”.
Read MoreGermany loses Deutsche Post aid case
The European Court of Justice ruled on Wednesday that the German government breached European Union law in providing state aid to Deutsche Post.
Read MorePostal workers stage strikes in Spain and Germany
Postal workers in Germany staged another strike on Saturday as part of their ongoing dispute with Deutsche Post, while their Spanish counterparts held a 24-hour strike on Monday.
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