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.