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

DEUTSCHE POST (DPW)
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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 CEST

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 2018 62 478 M
EBIT 2018 4 077 M
Net income 2018 2 787 M
Debt 2018 7 690 M
Yield 2018 3,62%
P/E ratio 2018 14,69
P/E ratio 2019 13,33
EV / Sales 2018 0,78x
EV / Sales 2019 0,72x
Capitalization 41 256 M
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Number of Analysts 29
Average target price 40,7 €
Spread / Average Target 22%
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Managers
NameTitle
Frank Appel CEO & Head-Global Business Services
Wulf von Schimmelmann Chairman-Supervisory Board
Melanie Kreis Head-Finance
Werner Gatzer Independent Member-Supervisory Board
Henning Kagermann Member-Supervisory Board
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