UPS Ireland delivers as profits surge to €6.8m

Pre-tax profits at the Irish arm of logistics firm, United Parcel Service (UPS) last year increased 12-fold to €6.766m.

New accounts show that United Parcel Service of Ireland Ltd recorded the sharp increase in profits after receiving a dividend of €5m from a subsidiary.

Revenues at the firm last year jumped by 7.5% from €47.8m to €51.4m, and numbers employed by the company last year increased from 272 to 284 people.