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Published
Mar 9, 2021
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Deutsche Post raises targets as ecommerce booms

By
Reuters API
Published
Mar 9, 2021

Deutsche Post raised its medium-term financial targets on Tuesday after beating forecasts for 2020, predicting that the boom in ecommerce driven by the coronavirus pandemic will continue and world trade will gradually recover.



Deutsche Post DHL, one of the world's biggest post and freight companies, expects operating profit to rise to more than 5.6 billion euros ($6.64 billion)in 2021, and to more than 6.0 billion in 2023, after a 17% rise to 4.8 billion in 2020.
 

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