AI Terminal
Deutsche Post AG
Regulatory Filings • Jan 15, 2019
111_rns_2019-01-15_f9300b0f-ad53-4718-9877-9d8ad9b15368.html
Regulatory Filings
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 15 January 2019 13:37
Deutsche Post AG: Deutsche Post comments on proposed pricing decision
Deutsche Post AG / Key word(s): Statement
Deutsche Post AG: Deutsche Post comments on proposed pricing decision
15-Jan-2019 / 13:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The federal network agency has sent us today for purpose of comment its draft decision on the aggregation of services as well as proposed pricing metrics (,Vorgabe von Maßgrößen’) for the price-cap regime of mail items of up to 1000 grams as of January 1 st 2019. This decision is foreseen to be valid until December 31 st 2021. The final decision of the federal network agency is expected for mid-March 2019.
According to the draft decision, Deutsche Post AG should be allowed a pricing headroom of 4.8% as of April 1 st 2019 on the basket of products that are subject to the price-cap regime.
Should this become the final decision the allowance to increase prices over that period would be lower than expected. To achieve the profits targets of the Post & Paket Deutschland division on this basis additional cost reduction measures would be required.
Should political bodies make modifications to the regulatory framework relevant to the price-cap regime, Deutsche Post AG would be allowed to apply for the execution of a new review by the federal network agency ahead of the end of the term of the now upcoming decision.
Contact:
Martin Ziegenbalg
EVP Investor Relations
Tel: +49 (0)228-182-63000 
15-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Deutsche Post AG |
| Charles-de-Gaulle-Straße 20 | |
| 53113 Bonn | |
| Germany | |
| Phone: | +49 (0)228 182 – 63 100 |
| Fax: | +49 (0)228 182 – 63 199 |
| E-mail: | [email protected] |
| Internet: | www.dpdhl.com |
| ISIN: | DE0005552004 |
| WKN: | 555200 |
| Indices: | DAX |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
| End of Announcement | DGAP News Service |