Independent journal on economy and transport policy
06:19 GMT+1
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In the first Panalpina trimester it has recorded decrease of the revenues and the profit clearly pairs to -13,1% and -11,7%
The air shipment volumes have grown of +5%, while the marine shipments are diminished of -10%
April 21, 2016
In the first trimester of this year the logistic group Helvetic Panalpina has recorded a bending of the -13,1% of the turnover clearly that it is come down to 1,31 billion franchi Swiss (1,2 billion euros) regarding 1,50 billion franchi Swiss in the first three months of 2015. The EBITDA is piled to 36,2 million franchi Swiss (- 6.7%) and the operating profit to 24,0 million franchi Swiss (- 5.1%). Panalpina has archived item the first trimester of 2016 with a profit of 17,3 million franchi clearly Swiss (- 11.7%).
In the first three months of the 2016 marine shipment volumes enlivened from the Swiss group they have been pairs to 348 thousand container teu, with a decrease of the -10% about regarding the same period of 2015, while the air shipment volumes have attested to 216 thousand tons, in increase of +5% approximately.
"In the first three months of the year - the managing director of Panalpina has commented, Peter Ulber - we have counterbalanced with success the smaller volumes transported in the field oil & gas. This has been possible thanks to positive the development in the other branches of activity let alone to the fast adaptation of our base of the costs. The results - it has specified Ulber - reflect the changing scene of the business. If on one side the contraction in the segment oil and gas is continued, from the other we have recorded an increase in all the other fields from served we".
In the first trimester of the 2016 the sun air shipment activity of the Helvetic logistic group has generated revenues pairs to 744 million franchi Swiss, with an increment of +12.5% on the correspondent period last year, and an operating profit of 17,8 million franchi Swiss (- 9.0%). The marine shipment activities have instead produced to revenues Swiss pairs to 687,6 million franchi (+0.5%) and an operating profit of 4,3 million franchi Swiss (- 3.6%). In the other fields of the logistics the revenues are piled to 153,9 million franchi Swiss (- 2.5%) and the operating profit to 1,8 million franchi Swiss (+52.7%).
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