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The American company for quick delivery iparcel of shipments FedEx on Thursday announced that in the period from June to August doubled profit in the same period last year, and she announced iparcel that due to savings in operations iparcel plans to cut 1,700 jobs.
Net profit in the mentioned period, or the first quarter of the fiscal year in the company, amounted to $ 380 million, or $ 1.2 per share, said in a press statement the second iparcel largest company in the world to deliver shipments headquartered in Memphis. Revenues are also increased by 18 percent to 9.46 billion iparcel dollars. The company also announced savings in the business that intends to implement the planned consolidation of operations to trucking in the U.S., which has been hit by losses.
At the end of January next year plans to combine operations department FedEx Freight and FedEx National LTL, which will be closed 100 offices and eliminated 1,700 jobs. The move, along with other cost cuts, will enable profitable business department for truck transport in the next year, further interpret the FedEx u.Pa However, such a move implies that a company like FedEx, iparcel normally an important indicator of the health of the entire economy, holding that global economy still needs time to full recovery.
Based on positive quarterly results FedEx is slightly improved forecast earnings per share for the period from September to the end of November to range from 1.15 to 1.35 dollars. Improved slightly and forecasts for the entire fiscal year, which ends May 30, and now expects a net profit of 4.8 to 5.25 U.S. dollars per share. Both forecasts iparcel are worse than Wall Street analysts were expecting. In the store before the opening of U.S. stock market prices FedEx's iparcel shares have fallen so by 2.9 percent, to $ 83.45. (H)
Infosistem from Zagreb and Osijek from ABBA signed an agreement on strategic partnership. The contract iparcel was signed by the CEO Infosistem Lora Čurković and director of ABBA Ivica Hasanec, and the goal is a powerful ...
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