DPSGY - Deutsche Post: Some Upside In The Midst Of Uncertainties
Author’s Note: this article focuses on a European stock primarily traded on the German Xetra exchange ((FRA: DPW)). Amounts are in EUR unless mentioned otherwise.
Overview
The “Post Tower,” Deutsche Post landmark HQ in Bonn, Germany (image from company website)
Deutsche Post (DPSTF)(DPSGY) is a global leader in the logistics industry. Through its DHL Express Division, the company generates internationally slightly over 70% of the Group turnover. Legacy post & parcel [PEP] Division in Germany makes up for the remaining 30%.
After years of top-line growth fueled by the recovering economy