DHL 1998 Annual Report Download - page 15

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Group Management Report
Deutsche Post substantially increased both its business volume and results
once again in 1998. Development of our core postal business was stable
and successful despite growing competition. Selective, well-aimed inter-
nationalization measures were also a primary focus of our activities during
the year.
Our convincing performance in maintaining our strong market position,
the systematic development of new growth segments and the observance
of strict cost management principles were once again the basis for our
resounding business success in a variety of areas. Following completion of
the first phase of the “new Deutsche Post” – reorganization and restruc-
turing – we launched the second phase of this undertaking in 1998. This
latest phase revolves around the systematic expansion of our business
base, with a special focus on internationalization.
Group management report
for the 1998 financial year
11