Declared Dividend • Apr 21
Dividend increased to €1.90 Dividend of €1.90 is 2.7% higher than last year. Ex-date: 6th May 2026 Payment date: 8th May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 24
Deutsche Post AG, Annual General Meeting, May 05, 2026 Deutsche Post AG, Annual General Meeting, May 05, 2026, at 10:00 W. Europe Standard Time. Declared Dividend • Mar 19
Dividend increased to €1.90 Dividend of €1.90 is 2.7% higher than last year. Ex-date: 6th May 2026 Payment date: 8th May 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 06
Deutsche Post AG announces Annual dividend, payable on May 08, 2026 Deutsche Post AG announced Annual dividend of EUR 1.9000 per share payable on May 08, 2026, ex-date on May 06, 2026 and record date on May 07, 2026. New Risk • Nov 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 100% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (100% net debt to equity). Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: €0.75 (vs €0.64 in 3Q 2024) Third quarter 2025 results: EPS: €0.75 (up from €0.64 in 3Q 2024). Revenue: €20.1b (down 2.3% from 3Q 2024). Net income: €840.0m (up 12% from 3Q 2024). Profit margin: 4.2% (up from 3.6% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: €0.72 (vs €0.64 in 2Q 2024) Second quarter 2025 results: EPS: €0.72 (up from €0.64 in 2Q 2024). Revenue: €19.8b (down 3.9% from 2Q 2024). Net income: €815.0m (up 9.5% from 2Q 2024). Profit margin: 4.1% (up from 3.6% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jun 20
Deutsche Post AG Announces Executive Changes DHL Group announced a change in leadership for DHL Supply Chain North America. Mark Kunar, current Chief Financial Officer & Chief Strategy Officer will assume the role of North America CEO with immediate effect. This follows the stepping down of Patrick Kelleher. Mark Kunar will report to Oscar de Bok, CEO of DHL Supply Chain. Mark Kunar joined DHL Supply Chain in 1996 as a Financial Analyst. In his nearly 30 years with the company he has grown to become a knowledgeable and respected leader holding various operational, finance, commercial and functional management positions. He stepped into his current role in 2024 and has been responsible for the development and implementation of the North America strategy to facilitate growth of products and sectors in the region. Under his leadership, the region has developed and executed against the core tenets of DHL’s Strategy 2030. Mark Kunar has also played a pivotal role in the company’s recent acquisitions in the North American market. Since January 2025, DHL Supply Chain has acquired Inmar Supply Chain Solutions, a leading returns solutions provider, CRYOPDP, a leading specialty pharma courier and IDS Fulfillment, an e-commerce provider. As CEO, Mark Kunar will be responsible for managing the business across the United States and Canada, leading a workforce of 52,000 associates. He notes that his immediate focus will be to manage the seamless integration of the newly acquired businesses into the DHL Supply Chain portfolio and the continued strengthening of the business’ capabilities and role as the leading contract logistics provider in North America. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €40.16, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Logistics industry in Europe. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €69.46 per share. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €35.39, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Logistics industry in Europe. Total returns to shareholders of 3.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.96 per share. Announcement • Mar 26
Deutsche Post AG, Annual General Meeting, May 02, 2025 Deutsche Post AG, Annual General Meeting, May 02, 2025, at 10:00 W. Europe Standard Time. Declared Dividend • Mar 09
Dividend of €1.85 announced Dividend of €1.85 is the same as last year. Ex-date: 5th May 2025 Payment date: 7th May 2025 Dividend yield will be 4.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 07
Deutsche Post AG announces Annual dividend, payable on May 07, 2025 Deutsche Post AG announced Annual dividend of EUR 1.8500 per share payable on May 07, 2025, ex-date on May 05, 2025 and record date on May 06, 2025. Reported Earnings • Mar 07
Full year 2024 earnings released: EPS: €2.86 (vs €3.09 in FY 2023) Full year 2024 results: EPS: €2.86 (down from €3.09 in FY 2023). Revenue: €87.0b (up 5.9% from FY 2023). Net income: €3.33b (down 9.4% from FY 2023). Profit margin: 3.8% (down from 4.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €43.76, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Logistics industry in Europe. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €60.61 per share. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: €0.64 (vs €0.68 in 3Q 2023) Third quarter 2024 results: EPS: €0.64 (down from €0.68 in 3Q 2023). Revenue: €21.3b (up 9.9% from 3Q 2023). Net income: €751.0m (down 6.9% from 3Q 2023). Profit margin: 3.5% (down from 4.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Aug 03
Second quarter 2024 earnings released: EPS: €0.64 (vs €0.82 in 2Q 2023) Second quarter 2024 results: EPS: €0.64 (down from €0.82 in 2Q 2023). Revenue: €20.6b (up 2.7% from 2Q 2023). Net income: €744.0m (down 24% from 2Q 2023). Profit margin: 3.6% (down from 4.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year. Upcoming Dividend • Apr 29
Upcoming dividend of €1.85 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Bulgarian dividend payers (6.4%). Higher than average of industry peers (3.2%). Declared Dividend • Apr 03
Dividend of €1.85 announced Shareholders will receive a dividend of €1.85. Ex-date: 6th May 2024 Payment date: 8th May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 14
DHL Appoints Tay Yi Ning as Head of Asia Pacific Innovation Centre in Singapore DHL appointed Tay Yi Ning as the new Head of Asia Pacific Innovation Centre in Singapore. In her new role, Ning plans to further advance the innovation centre's position to become a reference for futuristic logistics solutions and customer centricity. She also leads a team dedicated to driving innovation-focused customer engagements and fostering open and collaborative discussions among solutions providers and start-ups. Ning comes with nearly 20 years of customer relations expertise at DHL and brings with her a sound understanding of customers' unique logistics challenges and industry insights from across the region. Ning started her career at DHL Group in 2008 in the technology business development team of DHL Global Forwarding. In 2015, she moved to the DHL CSI team as Regional Customer Director for the technology sector and supported highly strategic customers, where she remained until she assumed her latest role. Declared Dividend • Mar 08
Dividend of €1.85 announced Shareholders will receive a dividend of €1.85. Ex-date: 6th May 2024 Payment date: 8th May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 07
Full year 2023 earnings released: EPS: €3.09 (vs €4.41 in FY 2022) Full year 2023 results: EPS: €3.09 (down from €4.41 in FY 2022). Revenue: €84.5b (down 11% from FY 2022). Net income: €3.68b (down 31% from FY 2022). Profit margin: 4.3% (down from 5.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Logistics industry in Europe. Reported Earnings • Nov 29
Third quarter 2023 earnings released: EPS: €0.68 (vs €1.01 in 3Q 2022) Third quarter 2023 results: EPS: €0.68 (down from €1.01 in 3Q 2022). Revenue: €19.4b (down 19% from 3Q 2022). Net income: €807.0m (down 34% from 3Q 2022). Profit margin: 4.2% (down from 5.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Logistics industry in Europe. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: €0.82 (vs €1.20 in 2Q 2022) Second quarter 2023 results: EPS: €0.82 (down from €1.20 in 2Q 2022). Revenue: €20.1b (down 16% from 2Q 2022). Net income: €978.0m (down 33% from 2Q 2022). Profit margin: 4.9% (down from 6.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Buying Opportunity • Jun 21
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €55.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings is also forecast to grow by 1.4% per annum over the same time period. Announcement • May 18
Deutsche Bahn Reportedly Not in Hurry to Start Schenker Sales Process German railway operator Deutsche Bahn AG has still not fixed a date to begin the sales process for its logistics business Schenker AG, which could be valued at up to EUR 15 billion, German paper Handelsblatt reported on May 17, 2023. The railway operator has been evaluating the potential sales since 2022. Deutsche Bahn and Schenker are in the process of gathering all the necessary facts for a possible sales process. Once the facts are collected, all options will be examined, Schenker Chief Executive Officer Jochen Thewes and Deutsche Bahn’s Chief Financial Officer Levin Holle said in a letter to employees seen by Handelsblatt. “We prepare everything with the necessary care and without pressure,” the two executives said in the letter. While Deutsche Bahn is interested in reaching a result quickly, the company must act carefully and take into account the current situation, especially on the financial markets, in order to achieve the best possible outcome. Overall, Schenker will be sold only if the deal is financially advantageous for Deutsche Bank and opens up growth opportunities for Schenker, they added. According to a bidder cited by Handelsblatt, Deutsche Bahn may have missed the right time for the sale as the market environment has now become unfavourable. Reportedly, Schenker has also attracted the interest of rival companies such as Danish DSV A/S (CPSE:DSV) and Deutsche Post AG (XTRA:DPW). Reported Earnings • May 05
First quarter 2023 earnings released: EPS: €0.76 (vs €1.10 in 1Q 2022) First quarter 2023 results: EPS: €0.76 (down from €1.10 in 1Q 2022). Revenue: €20.9b (down 8.3% from 1Q 2022). Net income: €911.0m (down 33% from 1Q 2022). Profit margin: 4.4% (down from 5.9% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Upcoming Dividend • Apr 28
Upcoming dividend of €1.85 per share at 4.3% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Bulgarian dividend payers (6.6%). Higher than average of industry peers (2.9%). Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: €4.41 (vs €4.10 in FY 2021) Full year 2022 results: EPS: €4.41 (up from €4.10 in FY 2021). Revenue: €97.4b (up 19% from FY 2021). Net income: €5.36b (up 6.1% from FY 2021). Profit margin: 5.5% (down from 6.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 1.2% p.a. on average during the next 3 years compared to a 2.9% decline forecast for the Logistics industry in Europe. Reported Earnings • Aug 07
Second quarter 2022 earnings released: EPS: €1.20 (vs €1.05 in 2Q 2021) Second quarter 2022 results: EPS: €1.20 (up from €1.05 in 2Q 2021). Revenue: €24.0b (up 25% from 2Q 2021). Net income: €1.46b (up 13% from 2Q 2021). Profit margin: 6.1% (down from 6.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 5.0% compared to a 1.6% growth forecast for the industry in Europe. Reported Earnings • May 09
First quarter 2022 earnings released: EPS: €1.10 (vs €0.96 in 1Q 2021) First quarter 2022 results: EPS: €1.10 (up from €0.96 in 1Q 2021). Revenue: €22.6b (up 19% from 1Q 2021). Net income: €1.35b (up 14% from 1Q 2021). Profit margin: 6.0% (down from 6.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the industry in Europe. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 17% share price gain to €46.28, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Logistics industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €68.03 per share. Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €4.10 (up from €2.41 in FY 2020). Revenue: €82.2b (up 23% from FY 2020). Net income: €5.05b (up 70% from FY 2020). Profit margin: 6.2% (up from 4.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 1.6%, compared to a 5.6% growth forecast for the industry in Europe. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS €0.88 (vs €0.69 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €20.0b (up 23% from 3Q 2020). Net income: €1.09b (up 28% from 3Q 2020). Profit margin: 5.4% (up from 5.2% in 3Q 2020). The increase in margin was driven by higher revenue. 
