New York, November 13, 2014
Company Announces Long-Term Financial Targets
UPS® (NYSE:UPS) today announced its long-term growth strategies and financial outlook during the company’s previously announced investor conference in New York. The company reviewed its latest operational and consumer technologies along with details on growth strategies in a conference and publicly available webcast.
Senior executives discussed topics central to the “Networked for Growth” conference theme. The company’s long-term plans for expanding revenue and profitability include:
- Heightened focus on industry verticals and international growth markets
- Efficient capital investment in technologies, capabilities and footprint
- Customer solutions that leverage the global UPS network
- Improving business to consumer (B2C) profitability, and
- Delivering long-term UPS shareowner value
The company’s long-term financial goals for 2015 to 2019 are:
- Revenue growth of 5% to 7% average annual rate
- Earnings per share up 9% to 13% per year
- Return on invested capital (ROIC) between 25% and 30%
- Share repurchases of more than $15 billion and total shareowner distributions totaling $30 billion
Read more: ups.com