Panalpina records a decrease of the economic performances sharpened from the impact of the fine EU



In the first trimester of this year the logistic group Helvetic Panalpina is incurred in Swiss a net loss of 40,4 million franchi respect to a profit of 34,9 million franchi clearly Swiss in the correspondent period of 2011. Turned out Sul hung the impact of the comminata fine of 46.484.000 euros last March to the group from the EU commission for violation of the norms antitrust ( on 28 March 2012) let alone the fine inflicted from the Swiss authority antitrust for analogous violations, a total of 59 million franchi Swiss. "We consider - he has emphasized the managing director of the Helvetic group, Monika Ribar - than this amount he is not justified and he is for that we are proceeding to introduce appeal regarding the decision near the European Law court".

In the first three months of the 2012 group it has recorded a turnover clearly of 1.539, 8 million franchi Swiss ones, with a decrease of 6.8% regarding the first trimester last year. The segment of Swiss air shipments has totaled a turnover of 748 million franchi (- 8.8%), that of marine shipments of 581 million franchi Swiss (- 3.6%) and that of the logistics of 211 million franchi Swiss (- 7.9%). EBITDA and EBIT have been of sign negative respective for Swiss -24,8 million and -34,9 million franchi respect to Swiss profits of 55,6 million and 46,4 million franchi in the first trimester of 2011. Al clearly of the not recurrent voices the EBITDA and the EBIT of the first trimester of this year are of positive sign respective for 34,4 million (- 38.1%) and 24,3 million franchi Swiss (- 47.5%).

Panalpina has announced that in the first three months of the 2012 shipment volume enlivened for marine way from the group an increment of 7% regarding the same period of 2011 has shown, while the shipment volume for aerial way is diminished of 8%. "If in the goods for marine way we have operated much good, widening the market share - it has found Monika Ribar - we knew in particular that the first trimester would have been difficult for the goods aerial, comparing it with exceptional the first trimester last year. In forecast of a situation of difficulty of the market and of challenging a 2012 - it has added - already last year we have reacted introducing measures of control of the costs. This has carried to a flattening of the development of the operating burdens from trimester to trimester".

Panalpina previews that in the first semester of the 2012 market of the aerial transport a bending will show, with an attended increase zero for the entire year, while for the segment of the marine transport an increase is previewed of +4-5%.