DHL Logistics records double-digit growth
- Growth driver within the Deutsche Post World Net Group
- Striving for leading global market positions
DHL LOGISTICS and its DHL Danzas Air & Ocean and DHL Solutions businesses performed extremely well in fiscal year 2004: With its 32,000 employees worldwide, Deutsche Post World Net's logistics expert raised its revenues by 15.4 percent to about EUR 6.8 billion in the growth market for global logistics services and tailor-made sector solutions.
Operative earnings (EBITA) grew by 36.4 percent to EUR 281 million; the return on sales rose from 3.5 percent to 4.1 percent. "Our impressive results show that we have successfully advanced our growth course and succeeded in convincing many new customers of our global capacity in a highly competitive market, "Dr. Frank Appel, Corporate Board Member LOGISTICS and Corporate Services, noted today at a press conference in Zurich. "Our goal is to not only become No. 1 in air freight, but also No. 1 in ocean freight and one of the top 3 players in contract logistics."
DHL LOGISTICS managed to strengthen its market position in both business fields.DHL Danzas Air & Ocean recorded double-digit tonnage growth in air freight (+24%) and double-digit volume growth in ocean freight (+19%). Renato Chiavi, COO of DHL Danzas Air & Ocean, said: "Since its integration into Deutsche Post, the long-standing Danzas company has continued its success story and is now one of the clear leaders in global competition among air and ocean freight providers. Our experience allows us not only to fulfill all our customers' needs for transparency and control across the entire supply chain, but also to handle the increasingly complex security requirements of customs, airlines and ports proactively and efficiently."
DHL Solutions raised its revenues in the core contract logistics area by 10 percent, ranking it fourth on the global market (previous year: sixth). The focus here is on the sector-specific organization and logistic handling of entire supply chains. The company managed to extend 85 percent of the existing contracts in fiscal year 2004 - a high share that exceeded the previous year's value by another 15 percent. Bernd Flickinger, COO of DHL Solutions, said: "In addition to our highly satisfied existing customers we also generated new business in the United States, France, Germany and the Netherlands, among others. We have noted particularly strong growth impulses in the electronics/telecommunications and Fast Moving Consumer Goods sectors."
From a regional perspective, Asia Pacific and the Americas proved the strongest growth engines within DHL LOGISTICS with revenue increases in the double digits. According to Corporate Board Member Appel, the company's growth strategy will focus particularly on these regions in 2005. This applies just as much to air and ocean freight as to the solutions business.Appel: "Forecasts foresee average annual growth of global air freight volumes by 6 percent until 2010. We also expect a steady increase in ocean freight volumes. In addition, the trend toward industrial outsourcing persists, which is also opening up promising new perspectives for our solutions business. DHL Danzas Air & Ocean and DHL Solutions are very optimistic about the future."