Independent journal on economy and transport policy
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Panalpina records an increase of the results thanks to the performances in the segment of air shipments
Still a quarterly operating result of sign negative in the field of the marine transport
April 19, 2018
In the first trimester of the 2018 economic performance of the logistic group Helvetic Panalpina they have recorded an increase graces mainly to the increment of the results in the field of air shipments. The company has archived item the period with a profit of 16,6 million franchi clearly Swiss on revenues pairs to 1,41 billion franchi Swiss, with increases respective of +34.5% and +10.7% on the first three months last year. The EBITDA is piled to 64,4 million franchi Swiss (+137.8%) and the operating profit to 24,4 million franchi Swiss (+49.4%).
In the single field of air shipments, activity segment in which is enlivened cargos for a total pairs to beyond 240 thousand tons (+3.1%), the revenues are increased of +14.2% going up 750,1 million franchi Swiss and EBITDA and EBIT have marked Swiss rises of +108.0% and +56.7% having attested itself to 45,3 million and 26,8 million franchi.
The section of marine shipments, instead, has recorded for the third consecutive trimester an operating result of sign negative and Swiss pairs to -5,8 million franchi respect to a result of sign negative for -3,1 million franchi Swiss in the first three months of 2017. In the field, in which pairs to 360 thousand are enlivened cargos for a total container teu (- 3.8%), the revenues have been Swiss pairs to 534,7 million franchi (+8.8%) and the EBITDA to 2,5 million franchi Swiss (+448.2%).
In the first three months of this year logistic other asset has generated revenues Swiss pairs to 129,5 million franchi (+0.7%), an EBITDA of 16,6 million franchi Swiss (+242.1%) and a EBIT of 3,4 million franchi Swiss (+42.8%).
Commenting today the results achieved from the company in the first trimester of 2018, the managing director of Panalpina, Stefano Karlen, it has specified that an ulterior increase in the field of the aerial transport is attended. In the segment of the marine transport, instead, the objective of the next months is that of an improvement of the profit, while - it has specified Karlen - logistic other asset will benefit of the meaningful investments realized in this field.
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