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Deutsche Post says resilient to deal with coronavirus

Optimistic that coronavirus impact won't last too long, Deutsche Post CEO says

German post and logistics group Deutsche Post confirmed its forecast for 2022 on Tuesday and said it was in a better position than rivals to cope with the coronavirus outbreak although it was too early to judge the full impact.

"Thanks to our broad geographic set-up and our comprehensive portfolio we are in a very robust position and more resilient than other companies in our sector," Chief Executive Frank Appel said in a statement.

Deutsche Post had already said the coronavirus has wiped up to 70 million euros  ($79.37 million) off its operating profit in February, but it said on Tuesday that three of its divisions were only marginally affected by the outbreak.

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