Originally Posted by
dieuwer2
They did better than DL??
Yes in terms of Net numbers because DL took a large $500m tax provision in Q2 which impacted the net results.
Revenues
DL: $10.62B (up 9%)
UA: $10.33B (up 3.6%)
Operating Profit:
DL: $1.58 B (14.9% margin)
UA: $906m (8.8% margin)
Pre-Tax income:
DL: $1.3B
UA: $791m
Net Profit: (this is where DL had a $497m tax provision, UA's was $2m)
UA: $789m (7.6% margin)
DL: $801m (7.54% margin)
Net Profit excluding specials: (also where DL's $497m tax provision comes into play)
UA: $919m (8.9% margin)
DL: $889m (8.4% margin)
Cash FLow from operations:
DL: $2.0B
UA: $1.5B