Deutsche Post World Net takes strong action to reduce U.S. Express lossBonn, 11/10/2008, 10:30 AM CET
Group 9-month underlying EBIT from continuing ops rises 1.3 percent
Deutsche Post World Net will focus its express business in the U.S. on its core international competencies and exit the domestic air and ground express service in the country by the end of January.
Nine-month underlying EBIT from continuing operations rose 1.3 percent to 1.6 billion euros, with revenue in the period increasing by 2.3 percent to 40.5 billion euros. About 70 percent of revenue in the first nine months was generated outside of Germany.