Deutsche Post AG engages in the provision of mail and logistics services. It operates through the following business segments: Post-eCommerce-Parcel (PeP), Express, Global Forwarding, Freight, Supply Chain, and Corporate Center or Other. The PeP segment handles both domestic and international mail and is a specialist in dialogue marketing, nationwide press distribution services, and all the electronic services associated with mail delivery. The Express segment offers courier and express services to business customers. The Global Forwarding Freight segment involves the carriage of goods by rail, road, air, and sea. The Supply Chain segment provides warehousing, managed transport, and value-added services. The Corporate Center or Other segment covers global business services, corporate center, non-operating activities, and other business activities. The company was founded in 1995 and is headquartered in Bonn, Germany.
Deutsche Post AG ETR:DPW
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About Deutsche Post AG
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Deutsche Post AG (ETR: DPW) released its preliminary quarterly financial results on Wednesday that highlighted a 16% year over year increase in operating profit. The company also expressed plans of offering a bonus to its employees for their efforts in sustaining operations amidst COVID-19. In June, Deutsche said that its dependence on Amazon was falling during the health crisis. Shares of the company opened about 1% up on Wednesday and jumped an...
Deutsche Post shares are higher Tuesday, as the postal and delivery service reported a smaller than expected slide in profits and confirmed its upbeat outlook.