UPS delivered a year of stability in topline performance but faced margin compression and declining profitability in 2024.
Total revenue grew marginally by 0.1%, but higher costs and weaker efficiency pressured earnings. Net profit fell 13.8% year-over-year to €5.39bn, underscoring challenges in cost management and operational leverage.
If your company has not yet subscribed to IPC’s Carrier Intelligence Reports, please visit this page or email us at [email protected].