IN BRIEF: DHL confirms cost savings target at CMD, flags opportunities
3rd April 2025 19:42
from Alliance News
Deutsche Post AG, trading as DHL Group - Bonn, Germany-based package delivery company - At Capital Markets Day, outlines plans to continue structural profitability improvement with a strong commitment to deliver increased return on invested capital and attractive shareholder returns. Says Strategy 2030 addresses logistic growth opportunities and positions DHL Group for an expected highly dynamic environment. Believes its well-diversified set-up provides "resilience and enables us to navigate volatility". Confirms targeted cost savings with end of 2026 run rate of more than EUR1 billion. Sees sustainable reduction in cost base and more efficient execution driving higher productivity. Says drivers of growth are shifting, and volatility rising, but global logistics remains fundamentally highly attractive.
Current stock price: EUR37.27, down 5.0% in Frankfurt on Thursday
12-month change: down 5.9%
By Jeremy Cutler, Alliance News reporter
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