Independent journal on economy and transport policy
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Panalpina has closed the third trimester with a profit of 14,9 million franchi clearly Swiss (- 19.3%)
The revenues have grown of +6.5%
October 25, 2018
The logistic group Helvetic Panalpina has closed the third trimester of this year with an increase of +6.5% of the revenues that are piled to 1,52 billion franchi Swiss (1,34 billion euros) regarding 1,43 billion franchi Swiss in the period July-september of 2017. The EBITDA has been pairs to 71,3 million franchi (+75.6%) and the operating profit to 28,5 million franchi, with a decrease of the -5,3% mainly determined from burdens pairs to 31,1 million deriving from the amortization of assets leasing object. The profit clearly has been attested 14,9 million franchi (- to 19.3%).
In the single segment of shipments for aerial way, field in which the company has enlivened cargos pairs to 263 thousand tons (+5.7%), the revenues have totaled 794,1 million franchi (+7.5%) and the operating profit has been pairs to 26,8 million franchi (- 11.6%). The marine shipments operated by the group, than in the period July-september of the 2018 have turned out pairs to 381 thousand container teu (- 1.1%), they have generated revenues pairs to 594,9 million franchi (+7.2%) and an operating profit of 100 thousand euros (- 103.4%). Logistic other asset has produced to revenues pairs to 137,0 million franchi (- a 1.7%) and operating profit of 1,6 million franchi (- 40.7%).
In the first nine months of the 2018 revenues of the company they have been attested altogether 4,44 billion franchi, with a progression of +9.3% on the same period last year, of which 2,35 billion generated from air shipments (+12.0%), 1,69 billion from marine shipments (+8.2%) and 403,3 million franchi from logistic other asset (- 0.6%). The EBITDA has been pairs to 208,5 million franchi (+100.7%) and the EBIT to 83,2 million franchi (+15.5%), of which 80,2 million produced from air shipments (+15.5%) and 8,4 million franchi from logistic activities (+2.5%) and with a contribution of sign negative and pairs to -5,4 million franchi generated from marine shipments respect to an operating profit of 16,0 million in the first nine months of 2017. Panalpina has archived item the period January-september of this year with a profit of clearly 51,0 million franchi (+5.4%).
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The logistic group Helvetic Panalpina has closed the third trimester of this year with an increase of +6.5% of the revenues that are piled to 1,52 billion franchi Swiss (1,34 billion euros) regarding 1,43 billion franchi Swiss in the period July-september of 2017. The EBITDA has been pairs to 71,3 million franchi (+75.6%) and the operating profit to 28,5 million franchi, with a decrease of the -5,3% mainly determined from burdens pairs to 31,1 million deriving from the amortization of assets leasing object. The profit clearly has been attested 14,9 million franchi (- to 19.3%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
