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.