Irish units of DHL and UPS post positive results

Discussion in 'The Latest UPS Headlines' started by cheryl, Aug 24, 2018.

  1. cheryl

    cheryl I started this. Staff Member

    Irish units of DHL and UPS post positive results - The Irish Times

    Newly filed accounts show revenues and profits up at both companies

    The Irish subsidiaries of delivery giants DHL and UPS both delivered impressive results last year, according to newly filed accounts.

    Separately filed accounts for UPS’s Irish unit, which was established in 1986, show it recorded a €1.08 million pretax profit last year, up from €576,395 in 2016.

    Turnover for United Parcel Service of Ireland Limited rose from €57.8 million to €58.6 million in 2017. A breakdown of revenues shows €26 million derived from the Irish market, up from €22.6 million a year earlier.

    The company employs 295 people locally, up from 265 in the prior year. Staff costs jumped in 2017 from €11.7 million to €13. 1 million.
     
  2. DriverNerd

    DriverNerd Active Member

    They made 1 mil in an entire year? So waaaaay less than 1/10 of 1% of total profit for the company. Seems important...
     
  3. Was that euros?
    ='s $1.256 million dollars.
    Still not much but not bad for a combined effort of 250-300 total employees.