Records of Christmas: flight of the German Post continues

Records at Christmas
In flight, the German Post continues

The business of the Post is buzzing. Whether it’s Express shipments with time of delivery, or ordinary packages, as the demand rises and rises. In the Christmas business records are again targeted.

A high demand for Express delivery and normal parcel deliveries have brought the German Post DHL is a very profitable business.

The net profit in the third quarter, a jump of 50 percent to 851 million euros, as the company announced on Tuesday in Bonn. Sales increased by 4.4 percent to 16.2 billion euros – the shops were so much more lucrative than before.

In the last quarter of the year, in the Christmas business and the “Black Friday”discount actions is attributed to the Bonn-based company with a very strong Volume growth in parcels and Express consignments, which are relatively expensive and for which there is a narrow time window for the delivery.

Packages for the Christmas plus will be expected to be 15 percent compared to the previous year’s business, and in the case of Express deliveries, even at 50 percent. Thus, the Post will be delivered to as many shows as never before. The whole industry is booming, and also the competitors DPD and Hermes to be expected with records.

Normally, companies use especially for customers with Express services to ship important documents or spare parts, but also more and more private customers are opting for such a service when you purchase high-priced products on the Internet, whether it’s new Smartphones, or other electrical article – the benefit of this development is DHL.

However, The Christmas orders, the cash registers are ringing, but the costs skyrocket. The company sends more than 13,000 additional vehicles and 600 more Electric tricycles (E-Trikes) to the streets.

How strong is the package shipping attracts, illustrate fresh Figures from the third quarter: The Postal service handled in Germany for 367 million packets, and therefore 11.6 per cent higher than a year earlier. In the category of Post & parcel Germany, there was a downside, however: The amount of letters shrank faster than previously, in addition, the business with lucrative back was advertising mail. Reason for this is that the scarce funds of corporate customers in Corona times. Overall, the Corona has slowed down instead of crisis the group’s business to date, however rather a boost.

In the case of the distribution of the long-awaited Corona vaccines, DHL wants to be able to communicate with his global network of velvet-deep-freeze-infrastructure part of the equation. “We are since the beginning of the pandemic in conversation with the pharmaceutical companies,” said CEO Frank Appel. “We feel we are well-equipped to ensure that, if there is a vaccine that can actually reach the countries.” Also the Transport at minus 70 degrees can be ensured.

No success story is the former flagship project Streetscooter the production of the electric van, with which the group has prepared its fleet of climate-friendly, is set. This had decided in Bonn in February. Now it became known that the manufacture is due to expire at the end of the year, but only next year. You wanted to find “an Optimum between the slow shutting down of the production and the Use of the materials are still there,” said chief Financial officer Melanie circle. The strategic decision to stop the production, change, but nothing, she said.

dpa

#Topics