UPS julkistaa tänään vuoden 2019 viimeisen vuosineljänneksen tuloksen. Muuttuneen tuloksen myötä osakkeen arvo viimeisen vuosineljänneksen osalta on 2,11$ per osake, mikä tarkoittaa 8,8% kasvua verrattuna viime vuoden vastaavaan ajanjaksoon.
UPS RELEASES 4Q 2019 EARNINGS
Execution, Strategies and Investments Drive Continued Gains and Uniquely Position UPS for Future Success
ATLANTA – January 30, 2020 – UPS (NYSE:UPS) today announced fourth-quarter 2019 adjusted earnings per share of $2.11, an 8.8% increase over the same period last year. The company’s results highlight the strong volume growth in the U.S. Domestic segment and the impact of successful execution from all segments.
“Our network improvements from transformation enabled UPS to embrace a surge in demand for air products while at the same time generate productivity improvements and positive operating leverage,” said David Abney, UPS chairman and CEO. “Looking to 2020, we will continue to adapt to the changing environment, strengthen our network and create new solutions to support our strategic growth initiatives and help our customers grow and compete.”
In the fourth quarter of 2019, the company incurred a non-cash, after-tax mark-to-market (MTM) pension charge of $1.8 billion, an after-tax transformation charge of $39 million, and U.S. Domestic after-tax legal contingency and expense charges of $91 million, predominantly related to the New York cigarette case. The total impact to EPS was $2.23 per diluted share. MTM pension charges of $1.42 per diluted share were included in the company’s fourth-quarter GAAP results in the prior-year period.
Consolidated Results | 4Q 2019 | Adjusted 4Q 2019 | 4Q 2018 | Adjusted 4Q 2018 |
Revenue | $20,568 M | $19,848 M | ||
Net Income/Loss | ($106 M) | $1,840 M | $453 M | $1,690 M |
Diluted Earnings/Loss Per Share | ($0.12) | $2.11 | $0.52 | $1.94 |
* “Adjusted” amounts presented in this release are non-GAAP financial measures. See the appendix to this release for a discussion of non-GAAP financial metrics, including a reconciliation to the most closely correlated GAAP measure.
For the total company in 4Q 2019:
U.S. Domestic Segment
The U.S. Domestic segment benefited from several transformation initiatives, including increased automated capacity and new aircraft added to the global air fleet, which positioned UPS to handle volume growth in each month of the quarter. Total volume across all products grew nearly 9%. Growth was driven by the structural shift to faster delivery in retail and e-commerce, and from competitive wins. UPS experienced growth from a number of large and SMB customers, with the growth led by UPS’s largest customer, Amazon.
“We processed record volume during the quarter as customers took full advantage of the capabilities of our integrated network and broad portfolio of solutions,” said Abney. “Given the tremendous opportunities ahead, we have elected to implement SMB initiatives now to speed up our network and broaden our weekend operations, actions that will improve our competitiveness and generate growth.”
4Q 2019 | Adjusted 4Q 2019 | 4Q 2018 | Adjusted 4Q 2018 | |
Revenue | $13,408 M | $12,575 M | ||
Operating Profit | $1,074 M | $1,207 M | $999 M | $999 M |
International Segment
The International segment delivered higher profit and expanded operating margin, adapting well to the dynamic macro environment. Strong execution, cost management and a strategic focus on market and e-commerce opportunities enabled the solid performance for the quarter.
4Q 2019 | Adjusted 4Q 2019 | 4Q 2018 | Adjusted 4Q 2018 | |
Revenue | $3,762 M | $3,829 M | ||
Operating profit | $799 M | $809 M | $781 M | $781 M |
Supply Chain and Freight Segment
Supply Chain and Freight produced strong profit growth in the quarter. The segment also expanded operating margins driven by disciplined cost management actions and continued focus on growing its SMB customer base.
4Q 2019 | Adjusted 4Q 2019 | 4Q 2018 | Adjusted 4Q 2018 | |
Revenue | $3,398 M | $3,444 M | ||
Operating profit | $260 M | $262 M | $224 M | $224 M |
Full-year 2019 Consolidated Results
Outlook
The company provides guidance on an adjusted (non-GAAP) basis because it is not possible to predict or provide a reconciliation reflecting the impact of future pension mark-to-market adjustments or other unanticipated events, which would be included in reported (GAAP) results and could be material.
“UPS managed through several challenges in 2019, including declines in industrial production,” said Brian Newman, UPS’s chief financial officer. “We were able to leverage the capital investments we have made to grow profits and expand margins, and we are fast-tracking our initiatives in 2020 to better position UPS to capitalize on structural changes in the market and growth opportunities.”
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Conference Call Information
UPS CEO David Abney and CFO Brian Newman will discuss fourth-quarter results with investors and analysts during a conference call at 8:30 a.m. ET, January 30, 2020. That call will be open to others through a live Webcast. To access the call, go to www.investors.ups.com and click on “Earnings Webcast.” Additional financial information is included in the detailed financial schedules being posted on www.investors.ups.com under “Financials” and as filed with the SEC as an exhibit to our Current Report on Form 8-K.
Tietoja UPS:stä
UPS on maailman johtava logistiikka-alan yritys, joka tarjoaa laajan valikoiman pakettien ja rahdin kuljettamiseen, kansainvälisen kaupankäynnin edistämiseen ja kehittyneen teknologian hyödyntämiseen liittyviä ratkaisuja tehokkaamman maailmankaupan mahdollistamiseksi. UPS:n pääkonttori on Atlantassa, Yhdysvalloissa. UPS palvelee yli 220 maassa ja toimii maailmanlaajuisesti. Yritys löytyy internetistä osoitteesta ups.com ja pressroom.ups.com. Yrityksen blogia voi lukea osoitteessa longitudes.ups.com. UPS:n uutisia saa myös suoraan seuraamalla tiliä @UPS_News Twitterissä.
Yhteydenotot:
Hedvig Armand
Nordic Communication Supervisor
UPS Sweden AB
Puh.: +46 (0)8 799 8131
Sähköposti: [email protected]
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