International Revenue and Operating Profit Climb 15%
Average Daily Exports grew 12%, Led by Europe and U.S. Trade Lanes
Supply Chain & Freight Operating Profit up 14% on 16% Revenue Growth
U.S. Domestic Revenue Rises 7.2% on 4.6% Volume Growth
Weather Conditions Muted First Quarter U.S. Domestic Results
Cash from Operations of $4.1B Resulted in Free Cash Flow* of $2.6B
Reaffirms Full-Year 2018 Adjusted EPS Guidance
UPS (NYSE:UPS) today announced that first-quarter 2018 earnings per share rose 17% to $1.55, led by double-digit operating profit growth in both International and Supply Chain and Freight segments. “Top-line growth in our business was strong across all business segments, reflecting the power of UPS’s global solutions and continued favorable economic conditions,” said UPS Chairman and CEO David Abney. “When combined with our transformation initiatives, these favorable trends position UPS for strong returns going forward.”
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been. My BFF Clash The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
