DHL 2001 Annual Report Download - page 85
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85
The sharp economic decline, especially in the USA, is forcing companies
to cut costs further and to optimize their processes. One measure taken to this
end is the outsourcing of complex logistics projects to specialized service pro-
viders such as Deutsche Post World Net.An international presence, robust IT
networks, short transit times and one-stop solutions are becoming increasingly
important.
Revenue rises further
In the past fiscal year, the LOGISTICS Corporate Division again boosted rev-
enue substantially, increasing it by 10.4% from €8,289 million in 2000 to €9,153
million in the year under review. This rise is the result on the one hand of fur-
ther organic growth and on the other of the initial consolidation of Air Express
International (AEI) for the full fiscal year.
The Solutions Business Unit reported a significant increase in revenue for
the year under review. Revenue rose by 20.9% from €1,214 million to €1,468
million. The primary reason for this increase is the entry into force of the com-
prehensive logistics services agreement signed with Deutsche Telekom in 2000.
In addition, we also concluded a series of further outsourcing agreements. For
example,we handle the logistics for European returns for the fashion manufac-
turer Mexx. During the five-year contract term, we will sort, check,and store
around 11 million items of clothing which will subsequently be shipped to Mexx
Factory Outlet Stores.
Revenue growth of 14.1% in the Intercontinental Business Unit resulted
in an increase from €3,849 million to €4,390 million due in large part to the
initial full-year consolidation of AEI.
Corporate Divisions
Logistics
73,010
2000 50,169
2005
in €m
Annual growth rate 7.8%.
Source: Company estimates according to Datamonitor 2001.
Market volume of European contract logistics