Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Post AG    DPW   DE0005552004

DEUTSCHE POST AG

(DPW)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Deutsche Post : Through trade to prosperity - Deutsche Post DHL Group and German Federal Ministry for Economic Cooperation and Development promote e-commerce in developing and emerging countries

10/15/2020 | 03:18am EST

Giving small and medium-sized enterprises from developing countries access to global markets - that is the goal of a cooperation between the German Federal Ministry for Economic Cooperation and Development and the logistics company Deutsche Post DHL Group (https://www.DPDHL.com).

Over the next few years, the partners want to invest 30 million euros in the digitization of customs and trade processes, the promotion of e-commerce and low-emission logistics in cities. The cooperation will focus on Africa. A corresponding agreement was signed today by Federal Minister Gerd Müller and Frank Appel, CEO of Deutsche Post DHL Group.

Federal Minister Gerd Müller: "The corona crisis and the lockdown have disrupted supply chains in developing countries. Millions of companies are fighting for survival. Right now we have to keep economic cycles going. But bureaucratic customs procedures and corruption are hampering intra-African trade. This is where we work together with Deutsche Post DHL Group: With a new digital system, we are helping medium-sized African companies to handle customs completely digitally. We are starting in Morocco, Rwanda, Kenya, Ghana and the Ivory Coast. We are also creating new sales markets worldwide via new e-commerce platforms. All this accelerates trade, creates transparency and enables enormous leaps in development. We place particular emphasis on training and the promotion of women as entrepreneurs. And we are deliberately focusing on digitization. Nowhere is digitization progressing faster than in Africa. Some African countries are already further ahead than Europe - for example, in cashless payment via smartphone."

"The Corona crisis is cutting trade relations in developing countries and plunging an additional 115 million people into poverty this year alone. Right now we have to keep global economic cycles running and ensure that the poor also benefit from it. Digitalization can make a big difference here. Many of our partner countries are already more advanced in digitization than we are in Germany - for example, when it comes to mobile payment."

Deutsche Post DHL Group CEO Frank Appel: "Cross border trade creates prosperity, improves lives and connects people -- but in many regions there are still major hurdles. Together with the Federal Ministry for Economic Cooperation and Development we are working decisively on removing those hurdles. Merchants who previously sold their goods regionally get access to customers around the world. For this purpose we also started our new sustainability program GoTrade. The program engages especially in developing countries which have not yet benefited from globalization as much as others."

A reduction of trade barriers through the use of digital solutions is to be tackled first in Morocco, Rwanda, Kenya, Ghana and the Ivory Coast. Trade barriers, such as bureaucratic, non-transparent - and thus often corruption-prone - customs procedures, hit developing countries particularly hard and make it more difficult for them to access world trade. BMZ and DPDHL Group will also continue their exchange on projects on green hydrogen and synthetic fuels.

The partnership is to be implemented primarily through the develoPPP.de program (https://www.develoPPP.de/), through which the BMZ promotes entrepreneurial initiatives in developing and emerging countries that contribute to sustainable development on the ground. DPDHL Group will bear at least 2/3 of the costs of all measures.

GoTrade taps the potential of globalization in developing and emerging countries

The agreement signed today is part of DPDHL Group's new group-wide sustainability program "GoTrade". The program uses DHL's logistics expertise to help small and medium-sized companies with cross-border trade. In cooperation with public sector partners, such as national governments and multinational organizations, the program also initiates projects that help speed up customs clearance, reduce delays at borders and generally reduce the costs of cross-border trade.

The aim of the initiative is to promote sustainable economic growth in the countries. In doing so, Deutsche Post DHL Group is making an important contribution to achieving the United Nations'Sustainable Development Goals (SDGs).

Forth Go-sustainability program of Deutsche Post DHL Group

As part of its sustainability initiatives, Deutsche Post DHL Group is fully committed to achieving the SDGs - with the Group's "Go programs" as well as the purpose of connecting people and improving lives. GoTrade is the fourth and youngest member of the Go programs after GoTeach (career opportunities for young people), GoHelp (disaster management) and GoGreen (climate protection). These programs are part of the Group's sustainability agenda focusing on the environment, social responsibility and responsible corporate governance.

Distributed by APO Group on behalf of Deutsche Post DHL.

Media Contact:

Deutsche Post DHL Group

Media Relations

Christina Neuffer/Tobias Ender

Phone: +49 228 182-9944

E-Mail: pressestelle@dpdhl.com

Internet: www.DPDHL.com/press

Follow us on: twitter.com/DeutschePostDHL

About Deutsche Post DHL Group:

Deutsche Post DHL Group (https://www.DHL.com) is the world's leading logistic company. The Group connects people and markets and is an enabler of global trade. It aspires to be the first choice for customers, employees and investors worldwide. To this end, Deutsche Post DHL Group is focusing on growth in its profitable core logistics businesses and accelerating the digital transformation in all business divisions. The Group contributes to the world through sustainable business practices, corporate citizenship and environmental activities. By the year 2050, Deutsche Post DHL Group aims to achieve zero emissions logistics.

Deutsche Post DHL Group is home to two strong brands: DHL offers a comprehensive range of parcel and international express service, freight transport, and supply chain management services, as well as e-commerce logistics solutions. Deutsche Post is Europe's leading postal and parcel service provider. Deutsche Post DHL Group employs approximately 550,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 63 billion Euros in 2019.

THE logistics company for the world.

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

All news about DEUTSCHE POST AG
04:16aChinese air freight firm Apex up for sale after coronavirus boost - sources
RE
03:19aDEUTSCHE POST : DHL Global Connectedness Index 2020 signals recovery of globaliz..
PU
03:04aDEUTSCHE POST : buoyed by '3 years ecommerce growth in 3 months'
RE
12/02DEUTSCHE POST AG : Bernstein remains its Buy rating
MD
11/30Christmas, coronavirus and fear of no-deal Brexit push Europe's warehouses to..
RE
11/30Christmas, coronavirus and fear of no-deal Brexit push Europe's warehouses to..
RE
11/30DEUTSCHE POST : CEO Virtual Roadshow (Europe), 26 November 2020
PU
11/27DEUTSCHE POST : German Parcel Traffic Exceeds 2019 Levels Five Weeks Before Year..
DJ
11/24Retailers already fear U.S. holiday 'shipageddon'; now here come vaccines
RE
11/24South Korean delivery workers say coronavirus boom means relentless toil
RE
More news
Financials
Sales 2020 65 558 M 79 771 M 79 771 M
Net income 2020 2 726 M 3 317 M 3 317 M
Net Debt 2020 13 927 M 16 946 M 16 946 M
P/E ratio 2020 18,7x
Yield 2020 3,06%
Capitalization 50 120 M 60 553 M 60 986 M
EV / Sales 2020 0,98x
EV / Sales 2021 0,94x
Nbr of Employees 550 051
Free-Float 79,5%
Chart DEUTSCHE POST AG
Duration : Period :
Deutsche Post AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DEUTSCHE POST AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Average target price 45,27 €
Last Close Price 40,45 €
Spread / Highest target 33,5%
Spread / Average Target 11,9%
Spread / Lowest Target -23,4%
EPS Revisions
Managers
NameTitle
Frank Appel CEO & Head-Global Business Services
Nikolaus von Bomhard Chairman-Supervisory Board
Melanie Kreis Head-Finance
Kenneth Allen Director
Werner Gatzer Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
DEUTSCHE POST AG18.94%60 553
UNITED PARCEL SERVICE44.23%145 936
FEDEX CORPORATION92.92%76 603
SG HOLDINGS CO.,LTD.140.89%18 410
EXPEDITORS INTERNATIONAL OF WASHINGTON INC.13.61%15 004
YAMATO HOLDINGS CO., LTD.38.40%8 714