BONN (dpa-AFX) - Mail and logistics group Deutsche Post DHL Group (DPSGY.PK), at its Annual General Meeting today, confirmed its ambitious targets for fiscal 2017 and beyond.
The company continues to expect operating profit to rise to around 3.75 billion euros in 2017 from 3.5 billion euros last year. CEO Frank Appel also confirmed the Group's medium-term goal of increasing EBIT by an annual average of more than 8 percent between 2013 and 2020.
Further, Deutsche Post DHL said it is aiming to reduce logistics-related emissions to net zero by 2050.
In light of the Group's successful business performance, the Board of Management and the Supervisory Board will be proposing to the Annual General Meeting an increase in the dividend to 1.05 euros per share.
Assuming that it is approved by the shareholders, this will be the highest dividend since the company's IPO in 2000. The Group will be paying out a total of 1.271 billion euros.
The dividend is to be paid out on May 4.
Copyright RTT News/dpa-AFX