DHL 2015 Annual Report Download - page 7

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Deutsche Post  Group —  Annual Report
We therefore continue to expect consolidated  to reach between . billion
and . billion in fi nancial year . The Post - eCommerce - Parcel division
islikely to contribute more than . billion to this figure. Compared with the
previous year, we expect a significant improvement in overall earnings to
between . billion and . billion in the  divisions. All of the  divisions
are expected to contribute to the increase. Whereas earnings in the Express
division are likely to continue rising steadily, a signifi cant improvement is expect-
ed for Global Forwarding, Freight and Supply Chain, now that the expenses
incurred in connection with the transformation process will no longer arise. The
Corporate Center / Other result is projected to remain at around –. billion.
At the Annual General Meeting in May, we shall propose a dividend of . per
share. This remains within our target payout ratio of   to   of net profi ts
adjusted for one-off effects.
As a scientist, I am aware that change is essential in order to enable better
solutions to evolve. In this regard, we are doing an outstanding job of this for
our customers – and as a Group, we have proven again that we are always
willing to challenge and improve ourselves as we follow our clear strategy for
the future.
5
To our Shareholders