Germany’s second largest business-to-consumer package group is looking to drive a 25percent expansion this year, mainly through acquisitions.
Hermes Logistics Group saw revenues of t592m in its fiscal year to February, up 7.6percent on the previous year, while throughput rose 2.3percent to 179m consignments.
Read MoreABX sells French logistics business
Read MoreDeutsche Post revenues over €40 billion
Read MoreIn 2003 Deutsche Post World Net continued its successful course in what was a challenging economic environment. For the first time in company history revenue exceeded EUR 40 billion (EUR 40.02 billion), an 1.9 percent increase compared with the previous year. Profit from operating activities (EBITA) increased slightly from the year before (+0.2 percent) to EUR 2.98 billion.
Read MoreU-Turn for German government over Maut
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