FedEx: The company's revenue increased by thirty percent in the fourth quarter
FedEx logistics company (NYSE: FDX) disclosed cash figures for the 4th quarter of the 2021 financial year: revenue increased by thirty percent, up to $22.6 billion; operating profit increased by 279%, up to 1.8 billion, and adjusted operating profit by 117%, up to 2 billion; unblemished profit including non-cash items amounted to 1.9 billion, and adjusted unblemished earnings increased by 105%, up to 1.4 billion. And oh so ended for FedEx 2021 cash year.: revenue increased by twenty-one percent, up to $84 billion; operating profit increased by 142%, up to 5.9 billion, and adjusted operating profit by eighty-eight per cent, up to 6.2 billion; net profit quadrupled, up to 5.2 billion, and adjusted net income increased by eighty-six percent, up to 4.9 billion. FedEx Express, FedEx Ground and FedEx Freight are the main operating segments of the company. All of them 5: FedEx Express - fast worldwide delivery, main business sector. FedEx Ground - Economical Shipping in the US and Canada. Clients - companies and residents of private homes. FedEx Freight - delivery of small parcels by trucks. FedEx Services - a set of support services for other companies. The rest is various office and logistics services. This also includes spending, that are not related to the main operational work. FedEx Express's fourth-quarter operating income more than doubled: increased the size of interstate and domestic shipments. Sector operating margin up 260 basis points, since the company has optimized its delivery network. Quarterly revenue in the FedEx Ground segment added 27%: companies are using FedEx services more often, and the cost of services increased by 14%. Operating margin up 310 basis points on higher revenues and lower transportation costs. More on the size of the operating room …
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