UNITED PARCEL SERVICE INC

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Germany's Cardinal Marx apologises after Munich sex abuse report

01/20/2022 | 11:38am EDT
Cardinal Marx news conference after a sexual abuse survey was presented in Munich

BERLIN (Reuters) - The Archbishop of Munich, Cardinal Reinhard Marx, apologised on Thursday to the victims of historic sexual abuse in his archdiocese after a report found fault with his handling of the scandal as well as with former Pope Benedict XVI.

"As the current archbishop, I apologise on behalf of the archdiocese for the suffering inflicted on people in the area of the church in recent decades," Marx said in a statement.

Earlier, Munich law firm Westpfahl Spilker Wastl published a report into allegations of sexual abuse in the Archdiocese of Munich and Freising between 1945 and 2019. The report, commissioned by the archdiocese, said there were at least 497 victims of abuse, mainly young males.

The report said the archbishop, a leading progressive in the Church, had mishandled two suspected cases. He is not under suspicion of having participated in abuse or cover-ups.

Marx said changes had already been started in the last 10 years but more was needed, and stressed the importance of pushing ahead with the "Synodal Path", a movement aimed at giving lay Catholics more influence over the running of the church.

"Now is the time to pick up the momentum that the report gives and to take further steps into the future," said Marx whose offer of resignation last year over the abuse crisis was rejected by Pope Francis.

Marx said the archdiocese would carefully read and analyse the report and present a full response next week.

A spokesperson for Benedict did not immediately respond to a request for comment while the Vatican said it would evaluate the full report and examine its details.

(Reporting by Madeline Chambers; Editing by Jon Boyle)


© Reuters 2022
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Financials (USD)
Sales 2022 102 B - -
Net income 2022 11 121 M - -
Net Debt 2022 9 802 M - -
P/E ratio 2022 13,5x
Yield 2022 3,52%
Capitalization 149 B 149 B -
EV / Sales 2022 1,56x
EV / Sales 2023 1,48x
Nbr of Employees 400 945
Free-Float 84,1%
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Last Close Price 171,04 $
Average target price 218,64 $
Spread / Average Target 27,8%
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Carol B. Tomé Chief Executive Officer & Director
Brian Newman Chief Financial Officer & Executive Vice President
William R. Johnson Independent Chairman
Michael J. Burns Independent Director
Ann M. Livermore Independent Director
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