Report of the Supervisory Board
Prof. Dr Wulf von Schimmelmann, Chairman
Dear shareholders,
The Group continued to expand its leading position in nearly all areas of business and is well equipped for the future.
The reporting year was marked by two decisions that represent a turning point in our history. In September 2008, Deutsche Post agreed to gradually sell its stake in Postbank to Deutsche Bank. In the future, the Group plans to concentrate on mail, express and logistics activities and to exit the financial services sector. We also decided to restructure the US express business, making the final decision in November 2008 after having begun weighing our options in May. We discontinued domestic air and ground transport operations in the US express segment as at 30 January 2009. However, we will continue offering international express services in the United States.
Our strategic corporate initiatives – Roadmap to Value, First Choice and GoGreen – have been well received. These programmes have already led to encouraging progress in increasing enterprise value, customer satisfaction and environmental protection.
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