Deutsche Post DHL turned in a solid performance in financial year 2009 given the global economic crisis. Although transported volumes were significantly down on the prior-year level, we were able to cushion the decrease in EBIT before non-recurring items. In fact, at approximately €1.5 billion, we even slightly exceeded our forecast, which was increased to at least €1.35 billion during the course of the year.
We have taken appropriate measures to survive the crisis and emerge from it even stronger: we have saved more than €1 billion in indirect costs with our IndEx programme. We have restructured the express business, which will continue to have a positive influence on our profitability going forward. The sale of Postbank has consolidated our financial position. Rating agencies gave us a positive short-term credit rating, thanks not least to net liquidity of €1.7 billion at the end of the year. We have significantly cut investments and focused on organic growth.
|A.17 Selected key indicators for results of operations (continuing operations)|
|Profit from operating activities (EBIT) before non-recurring items||€m||2,011||1,473|
|Profit/loss from operating activities (EBIT)||€m||–966||231|
|Return on sales1)||%||–1.8||0.5|
|Consolidated net profit/loss for the period2)||€m||–1,688||644|
|Earnings per share3)||€||–1.40||0.53|
|Dividend per share||€||0.60||0.604)|
Excluding minorities, including Postbank.