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Tag / Investor Relations

Increased volumes and higher reported profits

Increased volumes and higher reported profits

Press releases   •   Jul 20, 2017 07:00 CEST

Panalpina recorded robust volume growth in both Air and Ocean Freight in the first half-year of 2017. As higher freight rates and margin pressure persisted, Panalpina increased its reported EBIT from 34.7 million (adjusted half-year 2016: CHF 60.8 million) to CHF 42.0 million and the reported consolidated profit from CHF 21.8 million (adjusted HY 2016: 47.9 million) to CHF 29.9 million.

Annual general meeting 2017 approves all board proposals

Annual general meeting 2017 approves all board proposals

Press releases   •   May 03, 2017 18:15 CEST

At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 3, 2017, 60.01% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Dirk Reich was confirmed as a new member of the board of directors.

Interim report for Q1 2017 released

Interim report for Q1 2017 released

Press releases   •   May 02, 2017 08:18 CEST

A very strong set of Q1 numbers brings us even closer to our goal of reaching pre-UTi performance levels and margins.

Panalpina reports higher volumes as margins remained under pressure

Panalpina reports higher volumes as margins remained under pressure

Press releases   •   Apr 21, 2017 07:00 CEST

Financial results for the first quarter 2017 came in below the previous-year period for Panalpina. The company reported an EBIT of CHF 16.4 million (Q1 2016: CHF 24.0 million) and a consolidated profit of CHF 12.4 million (Q1 2016: CHF 17.3 million). Panalpina outperformed the air and ocean freight markets in terms of volume growth as margins remained under pressure.

Panalpina reports higher volumes and reduced profit for 2016

Panalpina reports higher volumes and reduced profit for 2016

Press releases   •   Mar 02, 2017 07:00 CET

While Panalpina recorded the highest Air Freight volumes since 2007, gross profit margins in both Air and Ocean Freight came under pressure in 2016. This resulted in lower full-year earnings for the international freight forwarding and logistics company. Adjusted for restructuring expenses of CHF 28 million, EBIT reached CHF 109.9 million and consolidated profit CHF 80.2 million in 2016.

Annual report 2016 released

Annual report 2016 released

Press releases   •   Feb 10, 2017 08:01 CET

We kept focus on running the business, leading to very satisfactory results in all divisions.

Stable profits in a challenging market environment

Stable profits in a challenging market environment

Press releases   •   Oct 25, 2016 07:00 CEST

In the first nine months of 2016, Panalpina recorded a slight increase of EBIT and consolidated profit (adjusted for one-offs). EBIT reached CHF 93.6 million and the consolidated profit CHF 72.6 million. Against the backdrop of receding markets in air and ocean freight, volumes increased by 9% in Air Freight but decreased by 9% in Ocean Freight. Logistics continued positively on the EBIT level.

Switching to growth

Switching to growth

News   •   Oct 06, 2016 12:00 CEST

At the Capital Markets Day 2016 in Amsterdam, the company's senior management demonstrated how Panalpina has taken risk out of the business and laid the foundations for future growth. Growth was the main theme of the afternoon presentations. Four deep-dive sessions focused on “Ocean Freight and Productivity”, “Sales Growth”, “Air Freight and Perishables” as well as “Logistics and Innovation”.

Organic growth offsets contracting oil and gas business

Organic growth offsets contracting oil and gas business

Press releases   •   Jul 20, 2016 07:00 CEST

In the first half of 2016, Panalpina demonstrated that it can compensate for contracting oil and gas business with organic growth in other sectors even as air and ocean freight markets declined. Adjusted for an oil and gas related restructuring provision, EBIT remained stable at CHF 60.8 million and consolidated profit increased slightly to CHF 47.9 million for the first six months of the year.

Panalpina counters contracting oil and gas business

Panalpina counters contracting oil and gas business

Press releases   •   Apr 21, 2016 07:00 CEST

Panalpina preserved profitability in the first quarter of 2016 despite the continued contraction of the global oil and gas business. The company reported an EBIT of CHF 24.0 million and a consolidated profit of CHF 17.3 million. In a continuously soft market, transport volumes grew in Air Freight but decreased in Ocean Freight. Logistics reported the fifth positive quarter on EBIT level.

Panalpina Annual Report 2015

Panalpina Annual Report 2015

Press releases   •   Mar 15, 2016 09:35 CET

As well as providing an overview of our achievements over the past year in developing tailor-made, value-added services for our customers, the Annual Report 2015 features highlights from our products, regions, industry verticals and corporate functions. New sections include our business model, case studies on the Charter Network and Perishables, and our approach to innovation.​

Panalpina demonstrates high resilience in 2015

Panalpina demonstrates high resilience in 2015

Press releases   •   Feb 29, 2016 07:00 CET

In the year 2015, Panalpina's EBIT reached CHF 117.2 million (currency adjusted: CHF 134.2 million or +15.0%) and consolidated profit CHF 88.2 million (currency adjusted: CHF 100.6 million or +16.3%). While volumes in Air Freight and Ocean Freight dropped slightly below previous year levels, Logistics achieved the first positive EBIT result for the full year.

Panalpina’s Board of Directors nominates Peter Ulber to become Chairman; Stefan Karlen to succeed as CEO

Panalpina’s Board of Directors nominates Peter Ulber to become Chairman; Stefan Karlen to succeed as CEO

Press releases   •   Feb 26, 2016 18:00 CET

Panalpina’s board of directors has nominated Peter Ulber as the company’s new chairman for the upcoming Annual General Meeting (AGM). He would succeed Dr Rudolf W. Hug who has served as chairman since 2007 and does not stand for reelection due to the age limitation in the company’s bylaws. Stefan Karlen, currently regional CEO for Asia Pacific, has been designated to succeed Ulber as the next CEO.

DSV acquires UTi Worldwide Inc.

DSV acquires UTi Worldwide Inc.

Press releases   •   Jan 22, 2016 12:56 CET

We are delighted to announce that DSV’s acquisition of UTi Worldwide Inc. has now been completed with the approval of UTi shareholders and competition authorities.

Panalpina keeps consolidated profit stable

Panalpina keeps consolidated profit stable

Press releases   •   Oct 20, 2015 07:00 CEST

Panalpina achieved a stable consolidated profit of CHF 69.3 million (currency adjusted: CHF 75.8 million or +9.5%) in the first nine months of 2015 as headwinds in oil and gas and a very soft air freight market persisted. Group gross profit decreased 6% to CHF 1,107.3 million (adjusted: CHF 1,177.0 million or 0%), while EBIT decreased 2% to CHF 92.4 million (adjusted: CHF 102.7 million or +9%).

DSV agrees to acquire UTi Worldwide Inc.

DSV agrees to acquire UTi Worldwide Inc.

Press releases   •   Oct 09, 2015 08:35 CEST

The DSV Group ("DSV") today signed an agreement to acquire US based UTi Worldwide Inc. (”UTi”). UTi is a global, supply chain services and logistics company with revenue of USD 3.9 billion and 21,000 employees in 58 countries. The combined company will be one of the world's strongest transport and logistics networks.

Panalpina reports stable profits in slow market environment

Panalpina reports stable profits in slow market environment

Press releases   •   Jul 23, 2015 07:00 CEST

Panalpina has kept profitability stable in the first half of 2015 despite a challenging environment. While the group’s gross profit decreased 5% (adjusted at constant currency rates: +2%) to CHF 736.1 million, EBIT and consolidated profit remained stable, reaching CHF 60.4 million (+0.4%; adjusted: +7%) and CHF 45.3 million (+3%; adjusted: +10%), respectively.

Panalpina acquires its long-time Egyptian agent Afifi

Panalpina acquires its long-time Egyptian agent Afifi

Press releases   •   May 29, 2015 07:00 CEST

Panalpina is to acquire its Egyptian agent Afifi, a highly respected family-owned company specializing in freight forwarding, customs clearance and logistics. The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa. Afifi has been Panalpina’s agent in Egypt for the last 20 years.

Annual general meeting 2015 approves all board proposals

Annual general meeting 2015 approves all board proposals

Press releases   •   May 12, 2015 17:30 CEST

At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 12, 2015, 68.18% of the share capital was represented. All proposals of the board of directors were approved by a clear majority.

Panalpina delivers stable profitability in first quarter

Panalpina delivers stable profitability in first quarter

Press releases   •   Apr 22, 2015 07:00 CEST

Panalpina increased its operating result and profit in the first quarter of 2015. Consolidated profit increased 10% to CHF 19.6 million while EBIT increased 3% (currency adjusted: +12%) to CHF 25.3 million. Year-on-year, EBIT and conversion rate increased in Ocean Freight as volumes grew by 5% but decreased in Air Freight where volumes only grew slightly by 1%.