DHL 2000 Annual Report Download - page 67

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All three business units in the division have grasped the opportunities
offered them by positive market and industry trends with the following
measures:
– Solutions
We were able to strengthen our market position in the Solutions Business
Unit as a result of significant contract logistics agreements,such as the agree-
ment with Deutsche Telekom.
– Intercontinental
With the integration of AEI we massively increased our volume and revenue
in the area of intercontinental air and ocean freight.We expanded operations
above all in airfreight: Danzas is the number one worldwide. Philips, the
electronics group, named Danzas AEI Intercontinental “Airfreight Carrier
of the Year 2000”for its outstanding service.
– Eurocargo
In the Eurocargo Business Unit we achieved our stated goal through the
integration of ASG and Nedlloyd.
A seamless,cross-border pan-European transportation network has been
established. On top of that,we expanded our service range.
Profits greatly improved
In 2000 profit from operating activities,before amortization of goodwill
(EBITA) rose from €-27 million to 113 million, a great improvement over
the 1999 level. This is due in large part to the trends outlined above. The
process of integrating all of the acquired companies is still ongoing.
LOGISTICS
59
LOGISTICS corporate division: EBITA
in millions
–27
1999*
2000
113
* Restated, see Notes 6 and 7 to Consolidated Financial
Statements