Deutsche Post AG

News

• 31.08.2023
  Creditreform Rating has upgraded the unsolicited corporate issuer rating of Deutsche Post AG from A- to A. The initial short-term rating was set at L2. Creditreform Rating has also upgraded the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Deutsche Post AG from A- to A. These issues are included in the list of ECB-eligible marketable assets available on the ECB's website. The outlook on the ratings was revised from positive to stable. For further details regarding the ratings, please refer to our rating report below.
• 21.12.2022
  Creditreform Rating has affirmed the unsolicited corporate issuer rating of Deutsche Post AG at A-. Creditreform Rating has also affirmed the unsolicited corporate issue rating of the long-term local currency senior unsecured notes issued by Deutsche Post AG at A-. These issues are included in the list of ECB-eligible marketable assets, which can be found on the ECB's website. The outlook for the ratings changed to positive from Watch UNW (Watch Uncertain). For more details regarding the ratings, please refer to our press release below.
• 06.07.2022
  Creditreform Rating has assigned the unsolicited corporate issuer ratings of A- of Deutsche Post AG, Deutsche Post Finance B.V. as well as the EUR-denominated long-term senior unsecured issues of the named issuers with the addendum Watch UNW. The debt securities are included in the ECB's list of eligible marketable assets, which is available on the European Central Bank's website. An outlook is not applicable. For further details on the ratings, please refer to the press release below.
• 09.09.2021
  Creditreform Rating (CRA) has affirmed the unsolicited corporate issuer ratings of Deutsche Post AG - hereinafter referred to as DEUTSCHE POST -, Deutsche Post Finance B.V. as well as unsolicited corporate issue ratings of the long-term local currency senior unsecured issues of Deutsche Post AG and Deutsche Post Finance B.V. at A- and changed the outlook from stable to positive. This change is based on our expectation that, after an already solid business development in 2020, the Company will significantly improve its operating performance in 2021, as evidenced in the first half of 2021 earnings results. Hence, DEUTSCHE POST has also made a forecast increase to its earnings targets. Nevertheless, it remains to be seen how the Company will perform during the second half of the year and if the stronger operating results prove to be sustainable amid still uncertain market conditions.
• 12.11.2020
  Creditreform Rating has confirmed the unsolicited Corporate Issuer Rating of Deutsche Post AG at A- with stable outlook. In 2019, the company showed again a satisfactory operating performance. Despite the temporary pushbacks, caused by the COVID-19 crisis, the company was able to generate positive results in the first half of 2020, but with significant declines compared to the previous-year period. The current in part high volatile economic environment, as a result of the worsening pandemic, should be largely compensated for by the adjusted strategy as well as megatrends, in particular the rapidly growing e-commerce business. Besides its market position and diversified business model, the classification as a moderate state-owned company has also had, among other things, a positive impact on the rating. The classification is especially due to the 20.5% stake held by the German Kreditanstalt für Wiederaufbau (national business development bank) as well as due to a certain systemic relevance.
• 03.05.2018
  Creditreform Rating has carried out an unsolicited rating of Deutsche Post AG. The rating has been set to A- with stable outlook.