Coronavirus wipes up to 70m euros off Deutsche Post's Feb earnings

Fri, Feb 28, 2020 - 11:01 PM

Chief Executive Frank Appel said Deutsche Post was also ending its cooperation with Ford on the production of vans.

PHOTO: AFP

[BERLIN] The coronavirus outbreak has wiped up to 70 million euros (S$107 million) off Deutsche Post's operating profit this month, the German post and logistics group said on Friday.

The owner of the DHL delivery business also said it expected to take a one-off charge of 300-400 million...

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