Independent journal on economy and transport policy
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Quarterly results in increase for Panalpina
The first trimester of 2019 has been archived item with a profit of 19,2 million franchi clearly Swiss (+15.8%)
April 17, 2019
In the first three months of this year the turnover clearly of the logistic group Panalpina is piled to 1,48 billion franchi Swiss (1,3 billion euros), with an increment of +5.0% on the same period of 2018, of which 757,2 million franchi generated by air shipments enlivened by group (+0.9%), 580,9 million from marine shipments (+8.6%) and 147,1 million from logistic other asset (+13.6%). The operating profit has been attested 28,1 million franchi Swiss (to +14.9%), with a contribution of 24,8 million from air shipments (- 7.5%), of 331 thousand franchi from marine shipments respect to a contribution of sign negative for -5,8 million in the first trimester last year and of 2,9 million from logistic other asset (- 14.2%). Panalpina has archived item the first trimester of 2019 with a profit of 19,2 million franchi clearly Swiss (+15.8%).
In the first three months of this year the total enlivened air shipment volumes from the group have been pairs to 260 thousand tons of cargos (+8.1%) and the marine shipment volumes to 348 thousand container teu (- 3.3%).
About the perspectives for the next months, the managing director of Panalpina, Stefan Karlen, has emphasized that the circumstances are changed after the announcement of the acquisition of the company by Danish DSV(on 1° April 2019): "any type of perspective - Karlen has explained - is not only more than ever difficult to define, but it anticipate also constraints of legal character".
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In the first three months of this year the turnover clearly of the logistic group Panalpina is piled to 1,48 billion franchi Swiss (1,3 billion euros), with an increment of +5.0% on the same period of 2018, of which 757,2 million franchi generated by air shipments enlivened by group (+0.9%), 580,9 million from marine shipments (+8.6%) and 147,1 million from logistic other asset (+13.6%). The operating profit has been attested 28,1 million franchi Swiss (to +14.9%), with a contribution of 24,8 million from air shipments (- 7.5%), of 331 thousand franchi from marine shipments respect to a contribution of sign negative for -5,8 million in the first trimester last year and of 2,9 million from logistic other asset (- 14.2%). Panalpina has archived item the first trimester of 2019 with a profit of 19,2 million franchi clearly Swiss (+15.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
