The logistics group takes in more money than it had expected.
(Photo: dpa)
Dusseldorf Post CFO Melanie Kreis simply can’t get rid of her luxury problem, which tormented the Bonn-based group last year. The large amount of money with which customers overwhelmed the Dax company in 2021 must go – and quickly. Otherwise, according to a resolution made twelve years ago by the board of directors and the supervisory board, the former state-owned company may be violating its own guidelines.
The “problem”: Deutsche Post itself had not counted on the enormous income that would accumulate almost ten billion euros in operating cash flow in 2021. In particular, the express business, which benefited from the global delivery bottlenecks, developed into a cash cow for the Bonn-based company.
At the same time, the DHL forwarding division benefited from the skyrocketing freight rates worldwide. And even the online trade, which was booming the year before due to numerous lockdowns, continued to grow unstoppably – albeit only by ten percent in terms of earnings.
1. Liquidity: Excessive inflow of funds
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