Originally Posted by
m3113n1a1
Think about it logically too. Last year was 8.9%. This year so far we've put aside less money for PS than this time last year, and that's only with a few weeks of high fuel prices at the end of March. With the price of fuel the way that it is for the near to medium term future our profit margin is going to be severely diminished. Add to that a higher wage base this year, I can easily see PS being 5% or less this year.
You're wrong about the PS for Q1 2026 vs 2025. We're $41M ahead right now: $165M vs $124M.