DHL 2000 Annual Report Download - page 66

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goods with the supply chains, coupled with the trend toward e-business,
was also one of the growth engines for logistics.Cost pressures arising from
the increase in fuel prices did, however, subdue the positive development to
some degree.
Consolidating market
The logistics market is extremely fragmented.Providers need to recognize
that it is imperative to join forces to expand their service range and optimize
their technological processes.
The LOGISTICS corporate division is ready for this development. By es-
tablishing a global logistics platform we have created a market-oriented
logistics organization with leading-edge IT systems.
Again clear revenue grow th
The LOGISTICS corporate division recorded a dramatic increase in revenue
in the last financial year.The trend was dominated by three acquisitions,but
also by internal growth.Integration of the Scandinavian company ASG and
the Dutch company Nedlloyd ETD into the Solutions and Eurocargo Business
Units has largely been completed. The operational integration of AEI into the
Intercontinental Business Unit began in mid-2000 and is scheduled for com-
pletion by mid-2002.
Total (net) revenue for the corporate division almost doubled to 8.29 billion
compared to the previous year (1999:4.45 billion). Over the same period,
the number of employees rose from some 29,000 to over 43,000 today. The
LOGISTICS corporate division is currently active in around 150 countries
and has thus expanded its worldwide presence.
58
LOGISTICS corporate division: total revenue
Share of corporate divisions’ total revenue
in millions
4,450
1999* 2000
8,289
divisions
75.6%
LOGISTICS
24.4%
* Restated, see Notes 6 and 7 to Consolidated
Financial Statements
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