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    DPW   DE0005552004

DEUTSCHE POST AG

(DPW)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 01/18 07:29:06 am
53.745 EUR   -0.84%
01/17DEUTSCHE POST AG : Barclays reaffirms its Buy rating
MD
01/12Deutsche Post To Sell Unit Greenplan To Management Team
MT
01/12DEUTSCHE POST AG : UBS gives a Buy rating
MD
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Deutsche Post CEO favourite to become Telekom chairman - sources

12/05/2021 | 09:57am EST
FILE PHOTO: Frank Appel, Chief Executive Officer of German postal and logistics group Deutsche Post DHL

BERLIN (Reuters) - Frank Appel, the chief executive of German logistics company Deutsche Post, is the favourite to become the next supervisory board chairman of Deutsche Telekom, two sources close to the matter told Reuters.

The sources said Deutsche Post's supervisory board is due to meet on Wednesday and Deutsche Telekom's board will meet a week later to discuss the matter.

Both companies declined to comment.

The Handelsblatt newspaper reported on Saturday that Appel would potentially be proposed for election at Deutsche Telekom's annual meeting on April 7.

The term of office of Telekom chairman Ulrich Lehner, who has headed the Telekom supervisory body since 2008, ends at next year's shareholder meeting. He had already confirmed that an external search for a successor was under way.

Appel's predecessor at Deutsche Post, Klaus Zumwinkel, also served as supervisory board chairman of Telekom.

The German government holds stakes in both companies.

Appel, a former McKinsey consultant, has been with Deutsche Post since 2000. In 2002, he became a member of the board of management, and in 2008 he moved up to the post of CEO.

His contract runs until 2022 and a decision on his future at the Post had been expected soon. Some industry insiders have speculated that Appel could be ready to move on given that Deutsche Post has posted record results through the pandemic.

(Reporting by Matthias Inverardi and Nadine Schimroszik; Writing by Emma Thomasson; editing by David Evans)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE POST AG -0.98% 53.69 Delayed Quote.-4.14%
DEUTSCHE TELEKOM AG 0.35% 16 Delayed Quote.-2.07%
All news about DEUTSCHE POST AG
01/17DEUTSCHE POST AG : Barclays reaffirms its Buy rating
MD
01/12Deutsche Post To Sell Unit Greenplan To Management Team
MT
01/12DEUTSCHE POST AG : UBS gives a Buy rating
MD
01/12DEUTSCHE POST AG : JP Morgan reiterates its Buy rating
MD
01/12Deutsche Post's DHL Sets Up Robotic Sorting Center in Israel to Meet Demand
MT
01/12A management team of Deutsche Post AG agreed to acquire Greenplan GmbH from Deutsche Po..
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01/10DEUTSCHE POST AG : Preliminary announcement of the publication of quarterly reports and qu..
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01/10Added boost for SADC export infrastructure as DHL Global Forwarding expands its presenc..
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01/10Added boost for SADC export infrastructure as DHL Global Forwarding expands its presenc..
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01/10DEUTSCHE POST AG : Gets a Buy rating from Barclays
MD
More news
Analyst Recommendations on DEUTSCHE POST AG
More recommendations
Financials
Sales 2021 78 892 M 89 881 M 89 881 M
Net income 2021 4 982 M 5 676 M 5 676 M
Net Debt 2021 14 034 M 15 989 M 15 989 M
P/E ratio 2021 13,6x
Yield 2021 3,32%
Capitalization 66 375 M 75 719 M 75 622 M
EV / Sales 2021 1,02x
EV / Sales 2022 1,00x
Nbr of Employees 580 612
Free-Float -
Chart DEUTSCHE POST AG
Duration : Period :
Deutsche Post AG Technical Analysis Chart | DPW | DE0005552004 | MarketScreener
Technical analysis trends DEUTSCHE POST AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Last Close Price 54,20 €
Average target price 67,51 €
Spread / Average Target 24,5%
EPS Revisions
Managers and Directors
Frank Appel CEO & Head-Global Business Services
Melanie Kreis Head-Finance
Nikolaus von Bomhard Chairman-Supervisory Board
Werner Gatzer Independent Member-Supervisory Board
Andrea Kocsis Deputy Chairman-Supervisory Board
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