Deutsche Post Delivers A Bumper Dividend As Profits And Cash Flows Rise
Deutsche Post AG (ETR:DPW)’s full year revenue rose 22.5% to €81.7bn reflecting growth across all divisions and higher growth outside of Germany. Despite increased expenses, due to higher transport costs and increased staffing, operating profits grew 65% to €8.0bn – ahead of targets. For 2022, the group’s targeting operating profits of around €8.0bn, and free cash flow generation of about €3.6bn. Q4 2021 hedge fund letters, conferences and more The board has proposed a dividend of €1.80. The shares rose 5.4% in early trading. Deutsche Post's EarningsMatt Britzman, Equity Analyst at Hargreaves ...