Tag: DHL

Deutsche Post World Net EBIT increase by more than 10 percent

In the first six months of 2005, Deutsche Post World Net increased its profit from operating activities (EBIT) by 10.6 percent to about 1.7 billion euros. At 21.5 billion euros, revenue rose slightly compared with the first six months of 2004. First-half net income amounted to 939 million euros compared with 721 million euros in the same period a year earlier. Earnings per share increased from 65 euro cents to 84 euro cents. In the second quarter, net income grew by 76 percent from 275 million euros in the year-earlier quarter to 484 million euros, or 43 euro cents per share.

“Our development in the first six months shows that we are on the right track,” said Chairman and Chief Executive Officer Klaus Zumwinkel. “I can confirm once again that we will reach our earnings target of 3.6 billion euros for this year.”

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Deutsche Post outlook boosted by DHL

German mail and logistics company Deutsche Post said on Thursday second-quarter operating profit rose 21 percent, boosted by its DHL express and logistics units, and reiterated its annual goals. Earnings before interest and tax (EBIT) rose to 781 million euros (USD942 million) in the second quarter from 647 million euros a year earlier. Net profit rose 76 percent to 484 million euros. Deutsche Post reiterated that it expects 2005 operating profit of at least 3.6 billion euros as it benefits from continuing growth in world trade. That compares with full-year EBIT of 3.35 billion euros in 2004. Earnings this year benefit from the end of amortization under international accounting rules and a lower tax rate. Quarterly sales increased 4.4 percent to 10.96 billion euros from 10.5 billion in the second quarter of 2004. The company is investing USD1.2 billion in DHL in the United States, where it is vying for a larger share of the domestic market with FedEx Corp. and UPS.

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DHL expands its presence in the Chinese market

Express delivery and logistics giant DHL opened its first Quality Control Centre (QCC) in Beijing yesterday. The QCC is the firm’s nerve centre, able to monitor all flight information and shipment movement data can be monitored as it happens, from the time a package is picked up from a customer’s home or office to the final delivery. The centre is DHL’s 11th such facility in the Asia-Pacific region.

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Thailand: Delivery companies invest in facilities near new airport

Major express delivery companies are making huge investments at Suvarnabhumi Airport, which is expected to help make Thailand a new regional hub both for air travel and cargo, The Nation reports. The opening of the airport, scheduled later this year, and bilateral open-sky pacts with neighbouring countries are the most important factors behind the push. DHL predicts rapid expansion of its presence in Thailand after Suvarnabhumi Airport opens, with a plan to make its parcel and express service centre at the new airport six times larger than its existing facility at Don Muang airport. The new centre is part of DHL’s plans for expansion in the Asia-Pacific region with a total investment of USD1.4 billion (Bt57.3 billion). Investment in Thailand alone will amount to USD15 million. Meanwhile, FedEx has launched its new world service centre on King Keaw Road, about 10 minutes from the new airport, to serve customers in areas east of Bangkok. Netherlands-based TNT, the other major international player, plans to spend up to Bt4 million in 2005-2006 on warehouses and delivery centres throughout Thailand, said country general manger Winfried Kiesbueye.

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DHL continues UK Superbrand supremacy

DHL has retained its status as one of the UK’s leading brands by being named a Business Superbrand for 2005. The Business Superbands programme is run by Superbrands Ltd, the independent arbiter on branding. Thousands of business brands were judged by a panel of 13 independent business leaders who selected a final list of 83 winners. “This award is testament to the successful integration of DHL, Securicor Distribution and Danzas under the DHL brand,” said Suzy Elliott, Marketing Director at DHL. “Our customers have responded well to this and we continue to focus on delivering a seamless service in order to retain the finest reputation in our field.” This is the second year in a row that DHL has won superbrand status.

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