Investor Presentation November 2021
Topline Germany: Standard letter stamp price
development is based on regulated price cap
Deutsche Post DHL
Group
under regulated
Pricing
headroom for
basket of
mail products
price cap
No price increase
German standard letter price,
in € cents
+1.2%
+2.8% +1.6% +1.0%
+7.5%
+10.6%
headroom before 2011
Carried over
to 2013
55
55
55
60
62
58
55
55
70
0
70
0
80
80
80
80
70
10
Draft decision by the regulator as
published on Oct 6th
+4.6%
85
85
85
Intended pricing adjustment,
subject to final approval by the
regulator
2009 2010
2011
2012 2013
2014
2015
2016
2017
2018
2019*
2020
2021
2022
2023
2024
Price cap
regulation
CPI - 1.8%
CPI -0.6%
CPI -0.2%
CPI + 5.8%
CPI + 5.4%
CPI + 1.35%
*implemented from July 1st 2019 onwards, taken into account in headroom calculation
INVESTOR PRESENTATION | DEUTSCHE POST DHL GROUP | NOVEMBER 2021
55View entire presentation