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EQS-Adhoc: Deutsche Post AG to rename Group to ‘DHL Group’

eqs_en 
0 0 19.06.23
EQS-Adhoc: Deutsche Post AG to rename Group to ‘DHL Group’: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/23602/Logo_Deutsche_Post_DHL.svg.png
 

EQS-Ad-hoc: Deutsche Post AG / Key word(s): Strategic Company Decision
Deutsche Post AG to rename Group to ‘DHL Group’

19-Jun-2023 / 16:05 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The Board of Management of Deutsche Post AG has today decided to operate the Group under the name ‘DHL Group’ with effect from July 1st, 2023. The new name reflects the transformation the Group has gone through in the past years and pays tribute to its continuing internationalization. Already, over 90% of the Group’s revenue stem from businesses trading under the DHL brand, including DHL Paket in Germany.
The Group parent company continues to use the name ‘Deutsche Post AG’. The stock ticker, which is currently ’DPW’, will be changed to ‘DHL’ to position the company’s global portfolio better in the financial markets and leverage the strong DHL brand recognition also here.
The Group is also taking this opportunity to simplify the name of the DHL eCommerce Solutions division, which in the future will be called ‘DHL eCommerce’. All other DHL divisions and Post Parcel Germany will continue to operate under their current names.

Contact:
Martin Ziegenbalg
EVP Investor Relations
Tel: +49 (0)228-189-63000


End of Inside Information

19-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: Deutsche Post AG
Charles-de-Gaulle-Straße 20
53113 Bonn
Germany
Phone: +49 (0)228 182 - 63 100
E-mail: [email protected]
Internet: www.dpdhl.com
ISIN: DE0005552004, DE000A2G87D4
WKN: 555200, A2G87D
Indices: DAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 1660049

 
End of Announcement EQS News Service

1660049  19-Jun-2023 CET/CEST

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Deutsche Post AG Stock

€40.17
0.270%
The Deutsche Post AG stock is trending slightly upwards today, with an increase of €0.11 (0.270%) compared to yesterday's price.
Currently there is a rather positive sentiment for Deutsche Post AG with 5 Buy predictions and 1 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 4.56% compared to the current price of 40.17 € for Deutsche Post AG.
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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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