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Deutsche Post World Net shows solid performance in 2006

20
Mar '07
• Revenue rises 36% to 60 billion euros, EBIT at 3.9 billion euros
• Dividend increase to 75 cents planned
• Largest integration in the Group's history successfully mastered
• Group Chairman and CEO Zumwinkel demands fair liberalization

Looking back at a fiscal year that drew to a positive close, Deutsche Post World Net proposed a dividend increase to 75 cents at the company's annual press conference in Bonn. For 2007, the Group forecast a slight rise in revenue and EBIT excluding extraordinary effects. "Our good operating performance in 2006 – particularly in the fourth quarter – shows that our strategy of internationalization is bearing fruit," said the Group's Chairman and Chief Executive Officer Klaus Zumwinkel. "We already generate some 60 percent of our revenues abroad and more than half of our operating profit with services outside the MAIL division."

The integration of the British logistics group Exel, with its 110,000 employees, proceeded smoothly in the year under review and BHW could be integrated earlier than planned. Zumwinkel: "What we have achieved with Exel represents the largest integration in our industry and, when considered together with BHW, the largest in our corporate history. This was all managed most successfully – a fact clearly reflected in the numbers."

With the acquisition of Williams Lea, the Group also expanded the value-added services offered by the MAIL Division. Overall, the Group works from a solid base for profitable organic growth, a base that is unique in the industry. This platform will be further reinforced by the "First Choice" corporate initiative, rolled out at the beginning of 2007. “First Choice” will comprise more than 5,000 projects Group-wide over the next two years; these should decisively contribute to meeting the targets set for 2009.


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