Tag: Worldwide

Deutsche Post may buy back shares to boost price

Deutsche Post World Net, the parent of DHL, plans to raise dividends and may buy back stock to boost its share price. The announcement by chief executive Klaus Zumwinkel pushed shares of Europe’s biggest postal service to their largest increase in three years. Deutsche Post intends to increase the payout ratio from the current 37.4 percent of net income as earnings rise, Zumwinkel told shareholders at the company’s annual meeting Wednesday in Cologne.

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Fast response gets results

Strong demand for same-day services from Europe¡¦s automotive sector pushed In Time Direkt-Kuriers¡¦s results for last year to record levels.
The german emergency logistics provider increased its turnover by 12% to „¡30m with its operating margin at a new high of 6%.

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Investing in the future as the records fall

Target Express is investing substantially in its depot network on the back of increasing turnover and profitability.
The company has yet to report on its financial year ending 30th April, but claims to achieving regular consignment volume records. On 12th April it handled 65,623 consignments and in the week beginning Monday 24th April, it notched up 282,311 consignments (559,513 items).

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