Annual Earnings Press Conference 2009
Deutsche Post DHL generated underlying EBIT of EUR1.47 billion in the full year 2009, exceeding its November forecast of at least EUR1.35 billion. One of the key contributors to this positive development was the introduction of the 'IndEx' program at the end of 2008: It generated cost savings of EUR1.1 billion - one year ahead of the original schedule and EUR100 million ahead of the last forecast for the end of 2009.
"We have successfully managed the repercussions of the economic crisis and exceeded our targets for 2009," said Frank Appel, Chief Executive Officer of Deutsche Post DHL.