DEUTSCHE POST AG (DPW.HA)
- Reuters
DHL Express Americas to invest $137 million in operating capacity this year-executive
The Americas division of German logistics giant Deutsche Post AG will invest $137 million this year in increasing its operating capacity, including spending on airplanes, its chief said on Wednesday. DHL Express in the Americas - which covers countries from Canada to Chile - is also planning to double its electric vehicle fleet from 327 units, the division's chief executive, Mike Parra, told Reuters. "Just this year there will be $137 million in the Americas, in operation expansions, installation and building capacity; the other part is investments in airplanes," Parra said, adding that the company will add a new flight from Miami to South America in July.
- Reuters
DHL Express Americas to invest $137 mln in operating capacity this year-executive
The Americas division of German logistics giant Deutsche Post AG will invest $137 million this year in increasing its operating capacity, including spending on airplanes, its chief said on Wednesday. DHL Express in the Americas - which covers countries from Canada to Chile - is also planning to double its electric vehicle fleet from 327 units, the division's chief executive, Mike Parra, told Reuters. "Just this year there will be $137 million in the Americas, in operation expansions, installation and building capacity; the other part is investments in airplanes," Parra said, adding that the company will add a new flight from Miami to South America in July.
- Reuters
Deutsche Post reports rise in Q1 earnings, confirms guidance
German logistics company Deutsche Post reported a rise in first quarter revenue and operating profit on Tuesday and confirmed its financial targets for 2022-2024. Revenue in the first quarter rose by 19.8% to 22.6 billion euros ($23.74 billion) and earnings before interest and tax (EBIT) came in at 2.2 billion euros, up from 1.9 billion in the same period last year. "We had a good start to the year and once again demonstrated the strengths of our portfolio in a challenging environment," Chief Executive Frank Appel said in a statement.
