Tag / Investor Relations
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.
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.
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.
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.
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.
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”.
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.
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.
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.
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
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.
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%).
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.
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.
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.
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.
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%.