DHL Express orders electric Eviation planes, plans to build first electric network

  • International courier DHL Express is Seattle-based startup Eviation's first customer. DHL, a unit of logistics company Deutsche Post (OTCPK:DPSTF), has placed an order for 12 of Eviation's electric cargo planes and wants to build the first electric air freight network.
  • Eviation plans to undergo its first flight later this year and deliver the aircraft in 2024.
  • The planes will have a maximum range of 500 miles and a cargo load of up to 2,600 pounds. The charge time per flight will be 30 minutes, about the same amount of time it takes to refuel a similar traditional plane.
  • "We strongly believe in the zero-emission future of logistics," said DHL Express CEO John Pearson . "Together we are venturing into a new decade of sustainable aviation."

    Over the current book year the company from Bonn's total revenue could be around 76.37 billion euros (consensus estimates). This is hugely more than 2021's revenue of 66.81 billion euros.

    Historical revenues and results Deutsche Post plus estimates 2021

    beurskoers

    The analysts expect for 2021 a net profit of 4.68 billion euros. Most of the analysts anticipate on a profit per share of 3.78 euros. With this the price/earnings-ratio is 15.48.

    Per share the analysts expect a dividend of 1.65 euros per share. Thus the dividend yield equals 2.82 percent. The average dividend yield of the transport companies is an attractive 1.57 percent.

    Newest target prices around 67 euros

    The most recent recommendations for the transport company are from HSBC , Berenberg and Barclays .

    Deutsche Post 's market capitalization is based on the number of outstanding shares around 72.29 billion euros. 60

    Historical stock prices Deutsche Post

    stock graphs deutschepost

    At 17.35 the stock trades 1.42 percent higher at 58.51 euros.

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