Deutsche Post Presents 2025 Strategy
October 01 2019 - 2:13AM
Dow Jones News
By Pietro Lombardi
Deutsche Post AG (DPW.XE) is targeting earnings of at least 5.3
billion euros ($5.79 billion) in 2022 as part of its 2025
strategy.
Earnings before interest and taxes is expected to reach at least
EUR5.3 billion in 2022, from the more than EUR5 billion expected
for 2020, the company said Tuesday.
It also expects capital expenditure of between EUR8.5 billion
and EUR9.5 billion between 2020 and 2022.
The company will invest EUR2 billion through 2025 in
digitalization, a figure already included in its spending plan.
The dividend payout ratio will be kept at between 40% and 60% of
net profit, it said.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
October 01, 2019 01:58 ET (05:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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