Nine Months Results 2017 – Consolidated Financial Statements

Group profitability continues to increase in 2017

Press releases   •   Oct 19, 2017 07:00 CEST

In the first nine months of 2017, Panalpina grew volumes in both Air and Ocean Freight compared to the same period of last year. As the year progressed, group gross profit as well as EBIT increased with every quarter. Year-on-year, Panalpina’s reported EBIT increased from CHF 67.5 million to CHF 72.1 million and the reported consolidated profit increased from CHF 46.5 million to CHF 48.4 million.