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Deutsche Post AG
Board/Management Information • Sep 23, 2024
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Board/Management Information
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Ad-hoc | 23 September 2024 18:21
Deutsche Post AG takes principal decision to modernize the group’s structure in the context of Strategy 2030
Deutsche Post AG / Key word(s): Strategic Company Decision
Deutsche Post AG takes principal decision to modernize the group’s structure in the context of Strategy 2030
23-Sep-2024 / 18:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ad hoc: Deutsche Post AG takes principal decision to modernize the group’s structure in the context of Strategy 2030
23/09/2024
Disclosure of inside information pursuant to Article 17 MAR
The management board of Deutsche Post AG has launched its strategic framework for the second half of the decade. With “Strategy 2030 – Accelerate Sustainable Growth” the company strives for 50% revenue growth by 2030 compared to 2023. DHL Group aims to unlock its full growth potential through divisional and Group growth initiatives.
To reduce complexity and support its growth agenda, DHL Group aims to align its complex legal structure with its proven management structure. While the company’s management structure with its five divisions – Express, Global Forwarding/Freight, Supply Chain, eCommerce and Post & Parcel Germany – is simple and clear, the underlying legal structure is much more complex and partially overlapping. The alignment intends to reduce complexity and create a more flexible and agile set-up.
The simplification includes establishing Post & Parcel Germany and eCommerce as standalone corporate entities comparable to all other entities. The name “Deutsche Post AG” will continue to be used for the Post & Parcel Germany activities. This technical measure is not intended to bring any change in substance to the group’s portfolio, wage and protection agreements, management responsibilities or other legal commitments and will take about one to two years to be implemented.
The supervisory board supports the further pursuit of this plan.
A comprehensive introduction of Strategy 2030 and subsequent steps is planned for September 24th, 2024 and can be followed via Capital Markets Events – DHL Group .
– End –
Contact:
Martin Ziegenbalg
EVP Investor Relations
Tel: +49 (0)228-189-63000
End of Inside Information
23-Sep-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Deutsche Post AG |
| Charles-de-Gaulle-Straße 20 | |
| 53113 Bonn | |
| Germany | |
| Phone: | +49 (0)228 189 – 63 110 |
| E-mail: | [email protected] |
| Internet: | www.group.dhl.com |
| ISIN: | DE0005552004, DE000A2G87D4 |
| WKN: | 555200, A2G87D |
| Indices: | DAX |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
| EQS News ID: | 1993717 |
| End of Announcement | EQS News Service |