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4-Traders Homepage  >  Equities  >  Xetra  >  Deutsche Post AG    DPW   DE0005552004

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Deutsche Post AG : Nov 27, 2013: DHL expands master lease agreement with CSafe Global

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11/27/2013 | 10:20am CET

DHL Global Forwarding extends its existing agreement with CSafe Global, the world's largest producer of actively controlled mobile refrigeration units for life sciences, healthcare, international disaster relief agencies. DHL Global Forwarding has renewed their master lease agreement with CSafe Global for a further three years after the success the company experienced within the first 18 months.

"CSafe RKN containers are an integral component of our DHL Thermonet product.  CSafe's EQUiP program is integrated into DHL Thermonet and part of the sales and operations staff training within our network of Certified Life Science Stations. It plays a crucial role in our ongoing commitment to providing GDP compliant processes and services to our life sciences customers", says Laura Ackermann, Vice President Global Head Life Sciences Network & Operations, DHL Global Forwarding.

Tailored to the Life Sciences and Healthcare sector

DHL Global Forwarding launched DHL Thermonet, its new air freight product tailored to the Life Sciences and Healthcare sector, earlier this year. The global service is the newest addition to DHL's network of Certified Life Sciences and Healthcare facilities and offers customers a transparent and a regulatory compliant platform enabling them to manage their temperature-sensitive shipments of pharmaceutical products and medical devices.

"DHL has a reputation for providing its customers with solutions that provide significant overall value. We are excited that DHL have reconfirmed their relationship with CSafe and will now be able to offer our container to their customers on an expanded network", stated Brian Kohr, President and CEO of CSafe.

CSafe Global's active solution product assortment includes the CSafe RKN, the only compressor-driven air cargo container of its kind with approvals from both the US Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA). The RKN utilizes heating and compressor-driven cooling technology to eliminate the cost and the environmental challenges associated with dry ice transportation, refrigerated trucking and internal packaging. It also allows the flexibility of uninterrupted routing of shipments without the need for special staging or dry ice handling. The CSafe RKN offers the superior performance needed for shipping products with temperature requirements between +4 degrees Celsius and +25 degrees Celsius.

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Financials (€)
Sales 2016 58 062 M
EBIT 2016 3 502 M
Net income 2016 2 613 M
Debt 2016 3 510 M
Yield 2016 3,03%
P/E ratio 2016 15,06
P/E ratio 2017 14,47
EV / Sales 2016 0,75x
EV / Sales 2017 0,72x
Capitalization 40 132 M
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 32,5 €
Spread / Average Target 0,55%
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NameTitle
Frank Appel Chief Executive Officer
Wulf von Schimmelmann Chairman-Supervisory Board
Melanie Kreis Chief Financial Officer
Werner Gatzer Member-Supervisory Board
Henning Kagermann Member-Supervisory Board
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