Independent journal on economy and transport policy
07:35 GMT+1
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Panalpina records an increase of the operating activities and the economic results
the Helvetic logistic group clearly has archived item the first trimester with profit of 17,8 million franchi Swiss
April 29, 2014
In the first three months of this year the logistic group Helvetic Panalpina has sent for marine way loads for a total pairs to 368 thousand container teu and for aerial way it loads for total 204 thousand tons, with increments respective of +6.0% and +6.3% on the correspondent period of 2013. These and logistic other asset of 1,60 billion franchi the clearly Swiss group have totaled a total revenue (1,3 billion euros), with a contraction of the -0,3% regarding the first trimester last year. In particular, the revenues generated from air shipments are piled to 747 million franchi Swiss (+3.9%), those produced from Swiss marine shipments to 667 million franchi (+0.6%) and those generated from Swiss logistic other asset to 182 million franchi (- 16.8%).
In the first trimester of the 2014 Helvetic group it has recorded an EBITDA of 39,1 million franchi Swiss (+29.9%), a Swiss EBIT of 24,5 million franchi (+32.6%) and a profit of 17,8 million franchi clearly Swiss (+24.5%). Specifically, Swiss the air shipment division has generated an EBITDA of 31,3 million franchi (a Swiss +20.1%) and EBIT of 26,0 million franchi (+17.3%), Swiss the marine shipment division an EBITDA of 9,0 million franchi (+6.0%) and a EBIT of 3,9 million franchi Swiss (- 19.8%), while in the field of logistic other asset EBITDA and EBIT of sign negative Swiss pairs respective to -1,3 million and -5,5 million franchi regarding Swiss liabilities of -4,5 million and -8,6 million franchi in the first trimester of 2013 are recorded.
"In 2014 - the managing director of Panalpina has commented, Peter Ulber - we have had a discreet departure. In the first three months of the year the divisions Air and Ocean Freight have shown a advanced increase to that of the market and in that Logistics we have completed progresses in the reduction of the losses". "In the picture of the difficult conditions of the market - it has continued Ulber - the results of the first trimester are a lot encouraging. Our systematic measures of restructure have to set upright again the activities of the society that produces losses, but these activities continue in the short term to having an impact on the financial results".
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