Independent journal on economy and transport policy
03:07 GMT+1
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Record quarter for FedEx
In the March-May period, revenues increased by +30%
June 29, 2021
In the fourth quarter of fiscal 2021, a period that was ended on 31 May, the express delivery group and fedex logistics recorded record revenues of 22.56 billion dollar, an increase of +30.0% compared to 17.36 billion in 2019, march-may last year. More attenuated the cost growth of $20.78 billion (+23,0%). Operating profit was 1.80 billion dollars (+278.3%). Net profit totalled 1.87 billion compared to a net loss of -334 million in the last quarter of fiscal year 2020. Net economic result fourth quarter of 2021 includes losses of 393 million resulting from the repayment of debts.
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In the fourth quarter of fiscal 2021, a period that was ended on 31 May, the express delivery group and fedex logistics recorded record revenues of 22.56 billion dollar, an increase of +30.0% compared to 17.36 billion in 2019, march-may last year. More attenuated the cost growth of $20.78 billion (+23,0%). Operating profit was 1.80 billion dollars (+278.3%). Net profit totalled 1.87 billion compared to a net loss of -334 million in the last quarter of fiscal year 2020. Net economic result fourth quarter of 2021 includes losses of 393 million resulting from the repayment of debts.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
