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DHLGY / Deutsche Post: Balance Sheet Remains Solid, But Global Forwarding Under Pressure

Deutsche Post: Balance Sheet Remains Solid, But Global Forwarding Under Pressure
Deutsche Post has seen a significant drop in EBIT for the Express and Global Forwarding segments. Lower volumes and normalizing freight rates have contributed to the drop in Global Forwarding, and the decline in growth from China may have longer-term implications. I continue to take a bullish view on the stock, but will be watching to see if the Express segment can compensate for the decline in growth across Global Forwarding. Read More
Posted: Oct 11 2023, 12:09
Author Name: Seeking Alpha
Views: 102286

DHLGY News  

Deutsche Post: Balance Sheet Remains Solid, But Global Forwarding Under Pressure

By Seeking Alpha
October 11, 2023

Deutsche Post: Balance Sheet Remains Solid, But Global Forwarding Under Pressure

Deutsche Post has seen a significant drop in EBIT for the Express and Global Forwarding segments. Lower volumes and normalizing freight rates have con more_horizontal


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