In according to Panalpina trimester it has recorded a deterioration of the economic performances



The logistic group Helvetic Panalpina has concluded the second trimester of this year with a profit clearly of 25,7 million franchi Swiss on clean revenues for 1,44 billion franchi Swiss, with a decrease respective of the -2,0% and the -12,0% on the period April-june of 2015. The EBITDA is piled to 47,8 million franchi Swiss (- 3.7%) and the operating result to 35,1 million franchi Swiss (- 1.4%).

In the single field of marine shipments the group has recorded clean revenues for 646,5 million franchi Swiss, down of the -7,6% on according to trimester of 2014. The operating profit instead is increased of +158.7% attesting itself 8,3 million franchi Swiss. In the period April-june of this year the shipment volume by sea enlivened from Panalpina has been pairs to 406 thousand container teu, with an light increase regarding 402 thousand teu in the correspondent period of 2014.

The activity of air shipments operated by Panalpina has generated clean revenues for 636,0 million franchi Swiss, with a decided decrease of the -16,3% regarding 760,2 million franchi Swiss in according to trimester last year. The operating profit has been Swiss pairs to 26,5 million franchi (- 15.3%). The air shipment volume enlivened from the group has been pairs to 203 thousand tons regarding 213 thousand tons in according to trimester of 2014.

Logistic other asset of the group has generated clean revenues Swiss pairs to 155,6 million franchi (- 10.8%) and Swiss an operating profit of 309 thousand franchi (- 73.0%).

Panalpina clearly has archived item the first semester of 2015 with a profit of 45,3 million franchi Swiss, with an increment of +2.8% on the first half last year. The clean revenues are diminished altogether of the -8,9% coming down to 2,94 billion franchi Swiss. EBITDA and EBIT have been Swiss pairs respective to 86,8 million franchi (- 2.4%) and 60,4 million franchi Swiss (+0.4%).

"In the first six months of this year - it has emphasized the managing director of Panalpina, Peter Ulber - we are successful to maintain to a stable profit although the weak person market of the aerial transport and the marine transport. We are carrying out an always better job in holding under control our costs. To constant changes the profit has turned out advanced last year. In the first six months of the year - it has continued Ulber - in the field of marine shipments we have increased the volumes online with the market, while we have turned out behind regarding the increase of the market of air shipments where we clearly have quickly the effect of the head wind in the energetic field. Altogether the total question of transport remarkablly has been weakened in according to trimester of the year".

"Our main objective - it has concluded the CEO of Panalpina - continues to being the control of the costs and the improvement of the productivity. We have covered a long road in the reduction of the losses and the transformation of our activities, but we must still assist to the full load to come true of the potential one of resumption. Although the head wind in the energetic field, we have confidence of being able to recover the lost land in the segment of air shipments in the course of the second half of the year. Our perspectives seem promising".