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It has not been the greatest of years for Deutsche Post DHL shareholders – the value of their holdings is down 5% so far in 2015. Still, there’s hope that things will get better in 2016, at least according to management.

My advice would be for them to adopt cautious optimism, however.

From last week’s quarterly update, the German mail and logistics company clearly has a lot of work to do across most of its divisions if it is ever to meet ...

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