Deutsche Post DHL Group reached the targets it had set for financial year 2014: the Group’s revenue, EBIT and operating cash flow all increased. The German parcel business in the Post - eCommerce - Parcel (PeP) division and the international business in the Express division continued to generate dynamic growth. Earnings in the Supply Chain division likewise benefited from a high level of new business and continuing restructuring programmes, whereas margin pressure and transformation costs had a noticeable impact on the Global Forwarding, Freight division. Capital expenditure increased to around €1.9 billion as planned. Operating cash flow registered a positive trend. The Group’s financial position remains solid on the whole in the opinion of the Board of Management.