UPS (NYSE: UPS) presenterar idag resultatet för det första kvartalet 2021 som visar på konsoliderade intäkter om 22,9 miljarder dollar, en ökning med 27% jämfört med första kvartalet 2020. Koncernens genomsnittliga dagliga volym ökade med 14,3% jämfört med året innan. Koncernens rörelseresultat var 2,8 miljarder dollar, en ökning med 158% jämfört med första kvartalet 2020, och en ökning med 164% på en justerad basis. UPS fortsatte att leverera covid-19-vaccin under det första kvartalet.
Se nedan för rapport på engelska.
ATLANTA – April 27, 2021 – UPS (NYSE:UPS) today announced first-quarter 2021 consolidated revenue of $22.9 billion, a 27% increase over the first quarter of 2020. Consolidated average daily volume increased 14.3% year over year. Consolidated operating profit was $2.8 billion, up 158% compared to the first quarter of 2020, and up 164% on an adjusted basis. Diluted earnings per share were $5.47 for the quarter, 393% above the same period in 2020, and up 141% on an adjusted basis.
For the first-quarter of 2021, GAAP results include a net benefit of $2.4 billion, or $2.70 per diluted share, comprised of an after-tax mark-to-market (MTM) pension benefit of $2.5 billion and after-tax transformation and other charges of $140 million. The MTM benefit was primarily driven by the enactment of the American Rescue Plan Act of 2021 (ARPA). The ARPA, which was signed into law on March 11, 2021, protects certain multi-employer pension plans from becoming insolvent through 2051, thereby eliminating the Company’s liability for potential coordinating benefits related to the Central States Pension Fund. Enactment of the ARPA required the Company to remeasure its UPS IBT Pension plan at current discount rates, which have increased since the previous measurement date. The overall result was a reduction in the pension liability of $6.4 billion.
“I want to thank all UPSers for delivering what matters, including COVID-19 vaccines,” said Carol Tomé, UPS chief executive officer. “During the quarter, we continued to execute our strategy under the better not bigger framework, which enabled us to win the best opportunities in the market and drove record financial results.”
U.S. Domestic Segment
| 1Q 2021 | Adjusted1Q 2021 | 1Q 2020 | Adjusted1Q 2020 | |
| Revenue | $14,010 M | $11,456 M | ||
| Operating profit | $1,359 M | $1,463 M | $364 M | $401 M |
- Revenue increased 22.3%, led by growth from small and medium-sized businesses.
- Revenue per piece increased 10.2%, driven by Ground products.
- Operating margin was 9.7%; adjusted operating margin was 10.4%.
International Segment
| 1Q 2021 | Adjusted1Q 2021 | 1Q 2020 | Adjusted1Q 2020 | |
| Revenue | $4,607 M | $3,383 M | ||
| Operating profit | $1,085 M | $1,091 M | $551 M | $558 M |
- Average daily volume grew 23.1%, with export growth from all regions.
- Revenue increased 36.2%, led by Asia and Europe.
- Operating margin was 23.6%; adjusted operating margin was 23.7%.
Supply Chain and Freight Segment
| 1Q 2021 | Adjusted1Q 2021 | 1Q 2020 | Adjusted1Q 2020 | |
| Revenue | $4,291 M | $3,196 M | ||
| Operating profit | $321 M | $395 M | $157 M | $158 M |
- Revenue increased 34.3%, driven by strong demand in nearly all businesses.
- Operating margin was 7.5%; adjusted operating margin was 9.2%.
* “Adjusted” amounts are non-GAAP financial measures. See the appendix to this release for a discussion of non-GAAP financial measures, including a reconciliation to the most closely correlated GAAP measure.
Outlook
Given continued economic uncertainty, the Company is not providing 2021 revenue or diluted earnings per share guidance; however, it is re-affirming its full-year capital allocation plans. UPS has scheduled its 2021 Investor and Analyst Day for June 9, when it will share further financial details.
Reaffirms Full-Year 2021 Capital Allocation Plans
- The sale of UPS Freight is expected to close in the second quarter.
- Capital expenditures are planned to be about $4.0 billion.
- Long-term debt repayments, including $1.5 billion repaid in the first quarter of 2021, will total $2.5 billion.
- Effective tax rate for the remainder of the year is expected to be around 23.5%.
- The Company has no plans to repurchase shares.
Hedvig Armand, Kommunikationschef, UPS Norden
e-post: harmand@ups.com
Tel: +46 (0)8 799 8131
Om UPS
UPS (NYSE: UPS) är ett av världens största paketleveransföretag med en omsättning på 84,6 miljarder dollar (2020). UPS erbjuder ett brett utbud av integrerade logistiklösningar för kunder i mer än 220 länder och områden världen över. Företaget har över 540 000 anställda, där vi alla arbetar efter strategin: Customer First. People Led. Innovation Driven. UPS har åtagit sig att minska sin miljöpåverkan och stödja de samhällen vi arbetar för runt om i världen. UPS arbetar även aktivt med mångfald, jämlikhet och inkludering. Företaget finns på ups.com, med mer information på pressroom.ups.com och investors.ups.com/.