MS: DP-DHL Group CEO on Post renaming – 'what's on it should be in it'

MARKETSCREENER writes:

BONN (dpa-AFX) ? Post chief Tobias Meyer has defended the renaming of the Bonn-based logistics company to DHL Group against criticism. The mail business is part of the company’s history, but its revenue has been shrinking for years, the manager said Tuesday. Parcel delivery and other DHL services, on the other hand, were growing. They accounted for 93 percent of group revenue in the first quarter, he said. “What’s on it should be in it, and that’s what DHL ...