the logistic group Panalpina has closed the first trimester with a profit of 19,6 million franchi clearly Swiss (+10.0%)



The logistic group Helvetic Panalpina has archived item the first trimester of this year with a profit of 19,6 million franchi clearly Swiss (19,1 million euros), turned out that it represents an increment of Swiss +10.0% regarding 17,8 million franchi in the correspondent period of 2014 and that - has emphasized the managing director of the company, Peter Ulber - it is obtained "in spite of the determined adverse conditions from the Swiss franc hard and from a slow down of the increase of the volumes in the field of air shipments".

In the first trimester of the 2015 group it has recorded a turnover clearly pairs to 1,5 billion franchi Swiss, down of the -5,8% on the first three months last year. EBITDA and EBIT have been attested respective 38,8 million franchi Swiss (- to 0.8%) and 25,3 million franchi Swiss (+3.2%).

In the single field of the air shipments, in which cargo volumes are enlivened for a total of 205 thousand tons regarding 204 thousand in the first trimester of 2014, Panalpina has totaled Swiss revenues for 661,5 million franchi (- 11.5%), an EBITDA of 24,5 million franchi Swiss (- 21.7%) and an operating result of 19,6 million franchi Swiss (- 24.7%).

In the section of marine shipments the enlivened volumes have been pairs to 387 thousand container teu regarding 368 thousand in the first three months last year. The marine shipments have generated Swiss revenues for 684,0 million franchi (+2.5%), an EBITDA of 9,1 million franchi Swiss (+1.0%) and a EBIT of 4,5 million franchi Swiss (+13.6%).

Logistic other asset of the group has produced Swiss revenues for 157,9 million franchi (- 13.5%), an EBITDA of positive sign for 5,1 million franchi Swiss respect to an EBITDA negative for -1,3 million franchi Swiss in the first trimester last year and Swiss an operating result of positive sign for 1,2 million franchi respect to operating liabilities of -5,5 million franchi Swiss in the first three months of 2014.

With respect to the perspectives for entire exercise 2015, Ulber has found that, "given to the economic scene weaker-than-expected and the uncertainties on the evolution of the price of the oil, the market is difficult to estimate. This saying - it has added - we will concentrate ourselves on the performance of the strategy of transformation of our activity. On the whole we remain cautiously optimistic and we expect to grow online with the market of the aerial transport of the goods and to exceed the performances of the market of the marine transport".