An Empirical Investigation of Financial Health and Financial Performance of Logistic Companies in the United Kingdom. A Critical Analysis Pre and Post Covid-19 Era
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 02
Abstract
After the pandemic, things are very different from how they were before the COVID-19 outbreak. Companies that had been performing well before the epidemic also saw their performance suffer during the COVID-19 era, especially those in the transportation industry due to the lockdown. The authors behind this paper hopes to learn more about and gain a better understanding of organizations by delving into their histories, structures, goals, challenges, solutions, and foci. To address and investigate the financial performance of logistic companies, the paper utilized a quantitative methodology. Annual audited financial statement of three logistic companies from 2013 to 2022. These include FeDex, DHL and XPO. The financial health of the selected companies is evaluated with the aforementioned criteria. While these businesses show stability, the analysis suggests that the market in which they operate is highly volatile. Increases in freight costs, tax increases, inflation, and other macroeconomic factors all contribute to this uncertainty, but well-planned improvements and emergency events also play a role. The research looked at the goals so that the audience could rest assured that the analysis was thorough and considered every angle of the organization. It's generally agreed that a company's success is measured by more than its bottom line. This research provides a thorough evaluation to aid business owners in identifying the features that set apart firms in terms of their potential for growth.
Authors and Affiliations
Chandra Shekar Goud Burugu , Ayodeji Bamidele Owoeye
Keywords
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- EP ID EP730644
- DOI 10.47191/jefms/v7-i2-24
- Views 11
- Downloads 0
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