XPO LOGISTICS posted a 24.7 per cent second quarter year-on-year net profit increase to US$141 million drawn on revenues of $3.23 million, which increased 1.2 per cent.
Adjusted earnings before interest, taxes, depreciation and amortisation, increased to $405 million for the second quarter, compared with $330 million for the same period in 2021, said the Connecticut company.
For the second quarter 2022, the company generated $199 million of cash flow from operating activities and $73 million of free cash flow, a non-GP financial measure.
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Adjusted earnings before interest, taxes, depreciation and amortisation, increased to $405 million for the second quarter, compared with $330 million for the same period in 2021, said the Connecticut company.
For the second quarter 2022, the company generated $199 million of cash flow from operating activities and $73 million of free cash flow, a non-GP financial measure.
SeaNews Turkey