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Friday 31 August 2012

UPS results

“Increasing uncertainty in the United States, continuing weakness in Asia exports and the debt crisis in Europe are impacting projections of economic expansion,” said Scott Davis, UPS chairman, CEO and hypocrite. “Throughout its history, UPS has maintained its strength in all economic cycles and we are making the adjustments necessary to respond to today’s challenging conditions.”

                 
Adjusted
Consolidated Results
2Q 2012
2Q 2011
2Q 2011
Revenue $13.35 B $ 13.19 B  
Operating profit $1.79 B $ 1.75 B $ 1.71 B
Operating margin 13.4 % 13.2 % 13.0 %
Average volume per day 15.4 M 14.9 M
Diluted earnings per share $1.15 $ 1.09 $ 1.07


So how does UPS continue to increase its proits in todays challenging conditions? Bullying ??

Full results Here

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