Deutsche Post: profit should continue to grow

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While Online retail is booming, but the trade conflict between the United States and China also applies to the logistics industry. Today, the German Post is going to present your long-term goals.

More, more and still more. About four billion euros will generate the Deutsche Post this year to operating profit. In 2020 it will be about five billion euros. It’s not enough but still. Today, the logistics group has unveiled its new “strategy 2025” in Frankfurt. Well there’s the next financial goal: by 2022, the profit before interest and taxes is expected to rise to at least 5.3 billion euros.

Digitization

Four Trends have characterized the logistics industry in the past few years and will do so from the point of view of the Deutsche Post DHL Group in the future: globalisation, E-Commerce, digitalization, and sustainability. The Online would-trade-the main driver of growth in all core businesses, it means from the Post.

Thus, the lofty profit targets continue to be achieved to strengthen the logistics core business and heavily in the digitisation of investing. “We need to reinvent ourselves. We will be digitizing,” – said the Chairman of the Board, Frank Appel. IT should be brought to systems for approximately two billion Euro up to 2025 on the front man. These investments should help by 2025 every year at least 1.5 billion euros to the result.

Post chief Executive Frank Appel relies on digitization

Digitisation strategy – the means to train the employees so that they can apply new technologies. Thus, to improve the service. In addition, processes to be automated, for example, in the more robots are used. Large amounts of data to be evaluated in order to optimize driving routes and the volume of work to better predict the.

But it is not only invests, but also the prices are expected to rise. Whether letter, parcel or Express shipments, everything will be more expensive.

Line-of-sight

The environment in which the Post must also assert in the future, will not necessarily be easier. The world economy is lame and the trade conflict between China and the United States provides for uncertainty. The rival FedEx has already taken. He had painted in September, his expectations for 2019 together. In addition, the competition is getting tougher. After the Online retailer Amazon has made local traders life difficult, he has now started his own parcels to deliver and penetrates into the field of business logistics.

In this opaque becoming in a Situation to spend the Post in the future, more financial goals for a period of five years. Now is more likely to be driven on sight. “In view of the increasing volatility, we will develop our medium-term financial targets in the future in a more flexible process,” said Finance Director Melanie circle: “We communicate for the next three years.” Later, the Post wants to spend the goals for the year.

In the case of the German Post of 550,000 full-time employees, of which 222.000 in Germany. The group is worldwide in more than 220 countries and territories, and thus claims to be the largest and most global logistics service provider in the world, covering the complete range of logistics and all its shops leading the market taking positions.

iw/ul (dpa, rtr)