Earnings Release • Jan 23, 2008
Earnings Release
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Ad-hoc | 23 January 2008 17:59
Deutsche Post: 2007 meets business expectations – writedown on Americas EXPRESS unit
Deutsche Post AG / Final Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Deutsche Post: 2007 meets business expectations – writedown on Americas
EXPRESS unit
Deutsche Post announced today that 2007 results were in line with its
expectations and guidance of around 3.7 billion euros EBIT before
non-recurring effects. All divisions have met their targets with a sound
finish to the year. The company expects to make further good progress in
2008, targeting around 4.2 billion euros EBIT before non-recurring effects.
Work continues to identify the optimal solution to performance improvements
in the U.S. EXPRESS business. Following an impairment review, a non-cash
writedown on EXPRESS Americas fixed assets of around 600 million euros will
be recognized in the 2007 accounts. Deutsche Post World Net still expects
the EXPRESS division to make consistent progress in underlying profit and
to reach an EBIT of between 900 million euros and 1.1 billion euros in
2009.
Contact:
Martin Ziegenbalg
EVP Investor Relations
Tel: 0228-182-63000
Language: English
Issuer: Deutsche Post AG
Charles-de-Gaulle-Straße 20
53113 Bonn
Deutschland
Phone: +49 (0)228 182 - 63 100
Fax: +49 (0)228 182 - 63 199
E-mail: [email protected]
Internet: www.dpwn.de
ISIN: DE0005552004
WKN: 555200
Indices: DAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Hamburg, München, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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