Edition:
India

Deutsche Post Comments On Proposed Pricing Decision


Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Deutsche Post AG ::DEUTSCHE POST COMMENTS ON PROPOSED PRICING DECISION.FINAL DECISION OF FEDERAL NETWORK AGENCY IS EXPECTED FOR MID-MARCH 2019.ACCORDING TO DRAFT DECISION, DEUTSCHE POST AG SHOULD BE ALLOWED A PRICING HEADROOM OF 4.8% AS OF APRIL 1^ST 2019 ON BASKET OF PRODUCTS THAT ARE SUBJECT TO PRICE-CAP REGIME.SHOULD THIS BECOME FINAL DECISION ALLOWANCE TO INCREASE PRICES OVER THAT PERIOD WOULD BE LOWER THAN EXPECTED.SHOULD THIS BECOME FINAL DECISION ALLOWANCE TO INCREASE PRICES OVER THAT PERIOD WOULD BE LOWER THAN EXPECTED.TO ACHIEVE PROFITS TARGETS OF POST & PAKET DEUTSCHLAND DIVISION ON THIS BASIS ADDITIONAL COST REDUCTION MEASURES WOULD BE REQUIRED.SHOULD THIS BECOME FINAL DECISION ALLOWANCE TO INCREASE PRICES OVER THAT PERIOD WOULD BE LOWER THAN EXPECTED.