Tag: Germany

Deutsche Post expands service range

Posted by | Feb 28, 2006 | |

Deutsche Post is now active in domestic energy and water metering data management services for more than 70 energy suppliers. Customers are required to read their own meters, while the postal service operator is responsible for ensuring that reminders be printed and that they reach customers, as well as for address research for returned mail, resending and billing. Deutsche Post is seeking to balance the effects of the deregulation of the German mail market, as it will lose its monopoly on light mail at the end of 2007. However, as light mail delivery provides the bulk of its business, the group is still aiming to hold earnings from this area of activity at around 2bn euros. It is therefore pinning its hopes on new services related to postcard and letter deliveries, such as document management, and on international letter deliveries.

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Print Management: The next link in the food chain

Posted by | Feb 23, 2006 | |

DPWN’s GBP252m purchase of a controlling stake in Williams Lea is part of a trend in complementary acquisitions, says Tom Hawkins. Williams Lea, a major name in the British printing industry for 185 years, last week handed a controlling stake in the company to German postal operator Deutsche Post World Net. The GBP252m investment gives DPWN 51 per cent of Williams Lea, which is expected to expand over the next few years. The shareholding was made possible after investment capital firm 3i relinquished its 38 per cent stake for GBP110m with the remainder coming from the Williams Lea family’s 30 per cent ownership.
For Williams Lea the deal provides solid financial backing and access, via DPWN’s global customer base, to major document management contracts. For DPWN, the deal extends its ownership of printed documents from delivery back to the point of creation.

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Deutsche Post World Net starts "DHL Innovation Initiative" with IBM, Intel, Philips and SAP

Posted by | Feb 22, 2006 | |

Under the leadership of Deutsche Post World Net, IBM, Intel, Philips and SAP have agreed on a strategic partnership called “DHL Innovation Initiative”. The companies, which all have global presence, plan to advance the development and introduction of new technologies for the logistics industry. The initiative is aimed at making supply chains more efficient by uniting the flow of information and physical goods through increased automation, visibility and improved collaboration among trading partners. To achieve this, the partners have decided to pool their logistics, technology and IT expertise.

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Deutsche Post shares slump amid DHL concerns

Posted by | Feb 15, 2006 | |

Deutsche Post on Wednesday abandoned its break-even target for its struggling DHL package delivery arm in the US and said it would stop reporting separate results for the unit. The news led to a substantial sell-off of the stock. The German postal group, the world’s largest logistics company, has been plagued by problems, particularly over service levels, following its acquisitions of DHL and Airborne, a Seattle-based delivery company bought for USD1bn in 2002. It had promised to break even in the US by the last quarter of this year but on Wednesday it merely said that “[DHL] will continue its path towards break-even in the coming years”. It also said it would no longer break results down geographically because none of its rivals, such as FedEx and UPS, did. Shares in the German group, which loses its domestic postal monopoly next year and has been seeking to expand abroad to compensate, plunged 3.6 per cent, making them the biggest losers among Frankfurt’s blue-chip stocks. “If people were being mean, they could argue that Deutsche Post wants to hide the progress of the US operations,” said one German-based analyst. “It is definitely not an encouraging sign.”

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Deutsche Post says 2005 net profit rose 40 percent to EUR2.23 billion

Posted by | Feb 15, 2006 | |

Deutsche Post AG said its 2005 net profit rose by 40 percent to EUR2.23 billion (USD2.65 billion) because of demand for its logistics service and said its annual earnings would likely reach double that amount by 2009. The world’s biggest logistics business and the owner of shipper DHL said the net profit compared with EUR1.6 billion in 2004. Revenue for the year rose 3.3 percent to EUR44.6 billion (USD53 billion) from EUR43.1 billion. Fourth-quarter figures won’t be released until March 14, when the Bonn-based company unveils full details of its results.

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