DHL 2007 Annual Report Download - page 68
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64
Deutsche Post World Net Annual Report 2007
Revenue and earnings performance
In the LOGISTICS Division, the prior-year gures were restated because we trans-
ferred our European overland transport business from the EXPRESS Division to the
LOGISTICS Division under the name DHL Freight on July .
e growth, performance and integration of our logistics business developed favour-
ably in . Revenue increased by . to , million (previous year: , mil-
lion). e total was impaired by negative currency e ects of million. Inorganic
in uences, including the disposal of Vfw AG, reduced revenue by a further mil-
lion. Organic revenue growth came to . as a result, amongst others, of the ten-year
deal with the NHS in the UK.
Volume growth in air and ocean freight
DHL Global Forwarding generated revenue of , million (previous year:
, million). This figure was affected adversely by currency effects totalling
million; a er adjusting for these e ects, revenue grew by . year-on-year.
is development only partly re ects the higher growth in volumes because our air
freight activities also recorded lower freight rates.
Air freight volumes rose by . in above market growth of only around .
Revenue decreased slightly due to negative impacts from currency e ects and lower
freight rates on key trade lanes. Our business performed well, above all in Europe,
the Middle East and Africa.
DHL Global Forwarding: revenue by segment
€m 2006 2007 +/– %
Air freight 4,956 4,809 – 3.0
Ocean freight 2,657 3,014 13.4
Other 1,658 1,587 – 4.3
Total 9,271 9,410 1.5
DHL Global Forwarding: volumes
thousands 2006 2007 +/– %
Air freight Tonnage 4,110 4,409 7.3
Ocean freight TEUs1) 2,400 2,764 15.2
1) Twenty-foot equivalent units.