DGAP-Adhoc: Deutsche Post AG: Deutsche Post comments on proposed pricing decision

2019. január 15., kedd, 13:37





DGAP-Ad-hoc: Deutsche Post AG / Key word(s): Statement


Deutsche Post AG: Deutsche Post comments on proposed pricing decision


15-Jan-2019 / 13:37 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




The federal network agency has sent us today for purpose of comment its draft decision on the aggregation of services as well as proposed pricing metrics (,Vorgabe von Maßgrößen") for the price-cap regime of mail items of up to 1000 grams as of January 1st 2019. This decision is foreseen to be valid until December 31st 2021. The final decision of the federal network agency is expected for mid-March 2019.

According to the draft decision, Deutsche Post AG should be allowed a pricing headroom of 4.8% as of April 1st 2019 on the basket of products that are subject to the price-cap regime.

Should this become the final decision the allowance to increase prices over that period would be lower than expected. To achieve the profits targets of the Post & Paket Deutschland division on this basis additional cost reduction measures would be required.

Should political bodies make modifications to the regulatory framework relevant to the price-cap regime, Deutsche Post AG would be allowed to apply for the execution of a new review by the federal network agency ahead of the end of the term of the now upcoming decision.

 




Contact:

Martin Ziegenbalg

EVP Investor Relations

Tel: +49 (0)228-182-63000img








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Language: English
Company: Deutsche Post AG

Charles-de-Gaulle-Straße 20

53113 Bonn

Germany
Phone: +49 (0)228 182 - 63 100
Fax: +49 (0)228 182 - 63 199
E-mail: ir@deutschepost.de
Internet: www.dpdhl.com
ISIN: DE0005552004
WKN: 555200
Indices: DAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange





 
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