At the Annual General Meeting of Courier giant Deutsche Post DHL (DPSTF.PK,DEUPF.PK), its Chief Executive officer Frank Appel confirmed the Group's targets for 2013 as well as the company's mid-term outlook.
For the rest of 2013, the company continues to expect the global economy to generate moderate growth, Appel once again confirmed the Group's guidance for the year, forecasting Group EBIT to increase to between 2.7 billion euros and 2.95 billion euros. The Group's consolidated net profit is projected to grow in line with the operating business in 2013.
Appel also confirmed the company's mid-range targets in his address to shareholders. The company aims to report Group EBIT of between 3.35 billion euros and 3.55 billion euros in 2015. In the process, the MAIL division's EBIT contribution should stabilize at a level of at least 1 billion euros. For the DHL divisions, the Group expects earnings to increase at an annual average of 13 percent to 15 percent between 2010 and 2015.
The Board of Management and the Supervisory Board have proposed a dividend of 0.70 euros per share for the 2012 financial year to the company's shareholders.
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