Deutsche Post DHL Strategy Likely to Support Shares -- Market Talk

Dow Jones09-24

0735 GMT - Deutsche Post's next five-year strategy is likely to support shares and the fact that the logistics company, also known as DHL, is sticking to its near- and medium-term guidance is a sign of confidence in an uncertain economic environment, JPMorgan analysts say in a note. JPMorgan sees the German logistics company as the most attractive risk reward across the European logistics sector. Its plans for revenue growth and a simpler legal structure show a focus on delivering improved growth. Shares trade 1.9% higher at 38.45 euros. (sarah.sloat@wsj.com)

(END) Dow Jones Newswires

September 24, 2024 03:36 ET (07:36 GMT)

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