Analysis: All eyes on 2024 but already DHL smells (a lot) of break-up value
…the parts have seldom been more compelling
© Khunaspix Dreamstime.
By Alex Lennane
Deutsche Post’s now infamous IT project could be scrapped, the company revealed yesterday after announcing its second-quarter results. Getting rid of it completely would be very unlikely, however, because of the investment involved so far. It said it would make a decision before its Q3 results. Its NFE transformation project was put on hold in May for being overly ambitious and negatively affecting performance. Meanwhile, Q2 EBIT was down 18%.
Comment on this article