"We are not resting on our laurels. 10 things to consider when outfitting your warehouse with a racking system, How to Use Economic Uncertainty to Gain Competitive Ground with Automation. Overall network activities in all DHL divisions maintained good utilization levels leading to an improved EBIT. Deutsche Post Application for Postage-Price Increase Rejected by Regulator, DHL Group fails with application for letter postage increase, German Regulator Denies Deutsche Post's Request for Letter Postage Price Hike, Deutsche Post fails with application for letter postage increase, German regulator rejects request for postage stamp price hike, Two measures of corporate health flash red, DHL GROUP : Warburg Research reiterates its Neutral rating, Major global firms warn of slow China sales as post-pandemic surge fades, DHL GROUP : Goldman Sachs reiterates its Neutral rating, DHL GROUP : Deutsche Bank maintains a Buy rating, Sector He made the company into a leading global logistics powerhouse that connects people and markets, thereby enabling global trade. CNBC Interview with Deutsche Post DHL Group CEO, Frank Appel, from the The agenda of this year's shareholders' meeting also includes the election of two new Supervisory Board members. The purpose of the company is to connect people and improve lives. If the proposed dividend is approved by shareholders, the Group would pay out a total of approx. The issuer is solely responsible for the content of this announcement. You are still able to proceed, but in order to best experience this page, we recommend using Edge, Firefox and Chrome. Deutsche Post AG : DHL Stock Price | DE0005552004 | MarketScreener Bernstein rates DHL Group as 'Market-Perform'. He is the ideal choice to continue the very successful path the company has charted. "It inspires us to give our best. The Group generated revenues of more than 81 billion Euros in 2021. Never before have our services been so urgently needed.". I couldnt have hoped for a better successor., Apex Insight Ltd "We're in great shape." Frank, it's good to. Tobias Meyer, currently DHL's CEO of Post & Parcel Germany, will replace 13-year veteran Frank Appel. That is why Deutsche Post DHL Group is investing around two billion euros in the digital future by 2025 for greater efficiency, for a better customer experience and improved working conditions. Frank Appel will continue to serve as DPDHL Group CEO until the Annual General Meeting in 2023. https://t.co/qevusGphjL, Copyright 2023. +44 20 7904 486 525 Despite the current challenges posed by the pandemic, Appel also warned not to lose sight of sustainabilityand climate change. We supply people and businesses with important goods. Deutsche Post Dhl Group and Poste Italiane Announce a Strategic Marex, one of the world's largest privately-owned commodities brokers, more than doubled first-half pretax profits after buying a rival last year and as interest rates climbed, the company said on Tuesday. Appel emphasized that stable dividends are by no means standard in the current environment. "The strategy focuses on the right issues: globalization, e-commerce, digitalization and sustainability. announcing today that 13-year veteran Frank Appel will step down in 2023. We want to reduce our emissions to zero. Neste and DHL Express announce one of the largest ever sustainable According to Appel, the pandemic has also accelerated digitalization. As a show of appreciation, the Group will pay all employees worldwide a one-time bonus of EUR 3001 in the third quarter of this year. 2002 - Deutsche Post acquires DHL. [4], In his capacity as CEO, Appel has accompanied Chancellor Angela Merkel on various state visits abroad, including to China in 2012[5] and in 2014. Retrieved 2 January 2017. We anticipated the slowdown in global growth momentum at an early stage and were able to respond efficiently. The transition will begin when Meyer takes over the Corporate Function Global Business Services fromAppel in July of 2022, and hands over his role as CEO Post & Parcel Germany to Nikola Hagleitner, who is currently Chief SalesOfficer at Post & Parcel Germany. View source version on businesswire.com: https://www.businesswire.com/news/home/20221010005355/en/, Use of this site indicates acceptance of the. He has been Member of the Board of Management of Deutsche Post AG since 1 November 2002. For 2022, the Group expects EBIT of around EUR 4.7 billion to more than EUR 5.3 billion, depending on the course of the overall economic recovery. DHL Group aims to achieve net-zero emissions logistics by 2050. In his address to shareholders, Appel indicated that he was very satisfied with the recently announced financial results for the first half of 2020. Deutsche Post DHL Group Begins Transition at the Top: Tobias Meyer, P&P These trends have become all the more relevant in this time of crisis, or are even accelerating rapidly due to the pandemic., A powerful organization: Optimally positioned for the future with Strategy 2025, According to Appel, the pandemic has shown that globalization is not the problem, but the solution. The Supervisory Board of Deutsche Post AG has extended Frank Appel's contract as DPDHL Group CEO until May 4, 2023. "We don't believe in an end to globalization," said Appel. Up for election to the Supervisory Board are Lawrence A. Rosen, Deutsche Post DHL Group CFO from 2009 to 2016, and Dr. Jrg Kukies, State Secretary in Germany's Federal Ministry of Finance. In the wake of Yellows closure, capacity just got a bit tighter. - logistics services (47.8%): infrastructures management, goods transportation and storage. Group revenue was up 22.5 percent year on year to EUR 81.7 billion. The strategy focuses on the right issues: globalization, e-commerce, digitalization and sustainability. The Board of Management currently consists of eight members: Chief Executive Officer Global Business Services. Appel will continue to serve until the companys annual general meeting in May, 2023. Up for election to the Supervisory Board are Lawrence A. Rosen, Deutsche Post DHL Group CFO from 2009 to 2016, and Dr. Jrg Kukies, State Secretary in Germanys Federal Ministry of Finance. The Group generated revenues of more than 94 billion euros in 2022. Bonn, North Rhine-Westphalia, Germany. Deutsche Post AG specializes in transportation and logistics services. "We . Tobias Meyer CEO. Normally people hardly notice the logistics behind the scenes because everything is running smoothly. The group also develops a freight transportation activity; ", Balanced profit sharing: EUR 300 employee bonus and stable dividend. Dpa-AFX Overview: COMPANY as of 07.08.2023 - 15.15 hrs. "Deutsche Post DHL Group will emerge stronger from this crisis." For balanced participation in the success of the company, the Board of Management and Supervisory Board proposed a dividend of EUR 1.15 per share for the past financial year, unchanged from the previous year. "Deutsche Post DHL Group has never been in better shape. He had already confirmed that an external search for a successor was under way. Appel expressed special thanks to the Group's approximately 550,000 employees worldwide: "You've done an incredible job in this difficult time. Gift this article We are convinced that future growth will come from a consistent focus on our profitable core logistics businesses - and digitalization will become the greatest lever," said Frank Appel, CEO of Deutsche Post DHL Group, during the presentation of "Strategy 2025" in Frankfurt am Main. DHL Mitarbeiter in Madagaskar pflanzen 1.000 Akazienbume; DHL Group Mitarbeiter engagieren sich in der Flchtlingshilfe; Gute Grnde, Gutes zu tun: Freiwilliges Engagement bei Deutsche Post DHL Group; DHL Express and ITS Services colleagues donated 10 laptops; DHL Supply Chain volunteers offered digital training sessions According to Appel, Deutsche Post DHL Group is making a fundamental contribution to overcoming the crisis. The comprehensive disclosure for third quarter 2022 will be published as planned on November 8, 2022. Frank Appels performance during his more than 13 years at the top of DPDHL Group has been outstanding. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as "The logistics company for the world".DHL is part of DHL Group. Appel emphasized that stable dividends are by no means standard in the current environment. Copyright 2023 Surperformance. With love. Today at 05:50 am. CNBC Interview with Deutsche Post DHL Group CEO, Frank Appel, from the World Economic Forum 2019. Deutsche Post DHL Group says new top executive will take over in 2023 Deutsche Post DHL - New CEO Named. Net sales break down by activity as follows: "Call of Duty" maker Activision will sell its non-European streaming rights to Ubisoft Entertainment to get the biggest deal yet in video-gaming past British regulators, potential owner Microsoft said on Tuesday. . He spent his childhood growing up in Hamburg. On the contrary. The purpose of the company is to connect people and improve lives. Global Forwarding, Freight: EBIT in Global Forwarding, Freight stood at around EUR 585 million in the third quarter of 2022, once more clearly ahead of previous year's quarter of EUR 372 million. Deutsche Post DHL Group Begins Transition at the Top: Tobias Meyer, P&P Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Our measures are taking effect and we have achieved a . Deutsche Post is a brand of the DHL Group used for its domestic mail services in Germany. A truck is seen at a new DHL/Deutsche Post parcel center in Bochum, Germany, November 18, 2019. . It takes a situation like this to truly appreciate how critical logistics is", he said. Accordingly, operating profit for 2020 should reach between EUR 3.5 billion and EUR 3.8 billion. 9 Sutherland Road, I do this totally convinced that Deutsche Post DHL Group is led by an exceptional management team and supported by highly engaged employees. With Strategy 2025, the Management Board successfully executes along the major megatrends of Digitalization, Sustainability, Globalization, and eCommerce.. It aspires to be the first choice for customers, employees and investors worldwide. As a sustainable provider, Deutsche Post DHL Group has been setting standards in the industry for years, Appel said. These days, providers that can offer green logistics have a competitive advantage., With "Strategy 2025", the Group has created a powerful organization, Appel summarized at the Annual General Meeting. Net sales are distributed geographically as follows: Germany (23.2%), Europe (29.3%), Americas (23.6%), Asia/Pacific (19.5%) and other (4.4%). Deutsche Post Application for Postage-Price Increase Rejected by Regulator Aug. 07: DJ DHL Group fails with application for letter postage increase Aug. 07: DP German Regulator Denies Deutsche Post's Request for Letter Postage Price Hike Aug. 07 Appel will continue to serve as DPDHL Group CEO until the Annual General Meeting in 2023. December 8, 2021, 11:22 AM UTC. In his address, Appel talked about the crisis highlighting the importance of logistics - as the backbone of the global economy. As expected, year-on-year comparison of e-commerce driven B2C shipment volumes improved in the third quarter of 2022, after volumes recorded a more pronounced decline in the first half of 2022. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. CEO Frank Appel at the Annual General Meeting: "Deutsche Post DHL Group Deutsche Post is Europe's leading postal and parcel service provider. The global parcel giant Deutsche Post DHL Group has begun the transition to new leadership in its top executive office, announcing today that 13-year veteran Frank Appel will step down in 2023. Top website in the world when it comes to all things investing. These trends have become all the more relevant in this time of crisis, or are even accelerating rapidly due to the pandemic.
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