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Panalpina Annual Report 2015

Panalpina Annual Report 2015

Press releases   •   Mar 15, 2016 08:35 GMT

As well as providing an overview of our achievements over the past year in developing tailor-made, value-added services for our customers, the Annual Report 2015 features highlights from our products, regions, industry verticals and corporate functions. New sections include our business model, case studies on the Charter Network and Perishables, and our approach to innovation.​

Panalpina demonstrates high resilience in 2015

Panalpina demonstrates high resilience in 2015

Press releases   •   Feb 29, 2016 06:00 GMT

In the year 2015, Panalpina's EBIT reached CHF 117.2 million (currency adjusted: CHF 134.2 million or +15.0%) and consolidated profit CHF 88.2 million (currency adjusted: CHF 100.6 million or +16.3%). While volumes in Air Freight and Ocean Freight dropped slightly below previous year levels, Logistics achieved the first positive EBIT result for the full year.

Panalpina’s Board of Directors nominates Peter Ulber to become Chairman; Stefan Karlen to succeed as CEO

Panalpina’s Board of Directors nominates Peter Ulber to become Chairman; Stefan Karlen to succeed as CEO

Press releases   •   Feb 26, 2016 17:00 GMT

Panalpina’s board of directors has nominated Peter Ulber as the company’s new chairman for the upcoming Annual General Meeting (AGM). He would succeed Dr Rudolf W. Hug who has served as chairman since 2007 and does not stand for reelection due to the age limitation in the company’s bylaws. Stefan Karlen, currently regional CEO for Asia Pacific, has been designated to succeed Ulber as the next CEO.

Panalpina and Cardiff Business School: successful research on lean inventories expanded to include 3D printing

Panalpina and Cardiff Business School: successful research on lean inventories expanded to include 3D printing

Press releases   •   Feb 03, 2016 14:30 GMT

Three years ago, Panalpina and Cardiff University in Wales (UK), set out to search for the ‘hidden formula’ for lean inventories. This innovative partnership has allowed Panalpina to launch D2ID, a new inventory forecasting application.The co-innovation approach has been so successful, that the research is now being expanded to include new manufacturing technologies such as 3D printing.

Panalpina reaches important milestone in IT project

Panalpina reaches important milestone in IT project

Press releases   •   Feb 01, 2016 14:55 GMT

Panalpina reached an important milestone in the implementation of its new operational IT platform. Singapore and Switzerland were the first countries to go live with the latest version of the SAP® Transportation Management application. Numerous customer shipments in December and January 2016 have demonstrated that the software is ready to be rolled out further.

Panalpina continues to gain ground in climate disclosure program

Panalpina continues to gain ground in climate disclosure program

Press releases   •   Dec 22, 2015 08:00 GMT

Panalpina has received its highest Carbon Disclosure Project supply chain program score to date, reaching a score of 94 points out of 100. Furthermore, during the UN Climate Talks in Paris earlier this month, it was announced that Panalpina is one of 114 international companies that have committed to set science-based emissions targets as part of a global effort to mitigate climate change.

Panalpina expands Logistics Manufacturing Services with Ericsson

Panalpina expands Logistics Manufacturing Services with Ericsson

Press releases   •   Dec 17, 2015 13:00 GMT

Dubai has become the latest location where Panalpina offers Logistics Manufacturing Services to its customers. Rather than holding stock to cover every possible outcome, Panalpina assembles products from semi-knocked down (SKD) units to specific customer requirements at the last possible stage before shipping them to the end customer.

Panalpina flies UNICEF relief to Burundi

Panalpina flies UNICEF relief to Burundi

Press releases   •   Nov 27, 2015 11:30 GMT

For the third consecutive year, UNICEF and Panalpina have joined forces to fly much-needed relief goods to an African country where a recurring crisis is taking a heavy toll on society and its weakest members: children. In the morning hours, a Panalpina chartered cargo aircraft landed in Burundi with 70 tons of primary medical care goods on board.

Panalpina to acquire Airflo, a specialized freight forwarder for flowers and vegetables, from Dutch Flower Group

Panalpina to acquire Airflo, a specialized freight forwarder for flowers and vegetables, from Dutch Flower Group

Press releases   •   Nov 05, 2015 06:00 GMT

Panalpina is to acquire a majority stake in Airflo, a company based in Kenya and the Netherlands specialized in the export handling of flowers and vegetables. Airflo is part of Dutch Flower Group (DFG), the world’s largest flower and plant trader. The acquisition reflects Panalpina’s continued expansion in Africa and its increasing focus on the perishables business.

Panalpina and JDA help customers increase asset velocity

Panalpina and JDA help customers increase asset velocity

Press releases   •   Oct 22, 2015 08:25 GMT

Three years ago, Panalpina announced its intention to deploy a single warehouse management system (WMS) across all of its logistics facilities throughout the world. The roll-out of the RedPrairie – now JDA – WMS is progressing ahead of schedule thanks to Panalpina’s experts in all regions and a specially developed and unique fast deployment model.

Panalpina keeps consolidated profit stable

Panalpina keeps consolidated profit stable

Press releases   •   Oct 20, 2015 05:00 GMT

Panalpina achieved a stable consolidated profit of CHF 69.3 million (currency adjusted: CHF 75.8 million or +9.5%) in the first nine months of 2015 as headwinds in oil and gas and a very soft air freight market persisted. Group gross profit decreased 6% to CHF 1,107.3 million (adjusted: CHF 1,177.0 million or 0%), while EBIT decreased 2% to CHF 92.4 million (adjusted: CHF 102.7 million or +9%).

Panalpina moves into Myanmar

Panalpina moves into Myanmar

Press releases   •   Sep 15, 2015 13:30 GMT

A new era is dawning in Myanmar after the establishment of a civilian government in 2011. At the crossroads between India, China and South East Asia, the country is starting to invest in infrastructure and realize its potential. Switzerland-based international freight forwarding and logistics company Panalpina has now opened its own office to provide its services to the up-and-coming economy.

Panalpina enables circular supply chain with reverse logistics for electronics

Panalpina enables circular supply chain with reverse logistics for electronics

Press releases   •   Jul 28, 2015 07:10 GMT

Panalpina sees reverse logistics as a strategic area for growth. To complement its reverse logistics offering in the technology sector, Panalpina has entered into a strategic alliance with Hong Kong-based company Spread Logistics.

Panalpina reports stable profits in slow market environment

Panalpina reports stable profits in slow market environment

Press releases   •   Jul 23, 2015 05:00 GMT

Panalpina has kept profitability stable in the first half of 2015 despite a challenging environment. While the group’s gross profit decreased 5% (adjusted at constant currency rates: +2%) to CHF 736.1 million, EBIT and consolidated profit remained stable, reaching CHF 60.4 million (+0.4%; adjusted: +7%) and CHF 45.3 million (+3%; adjusted: +10%), respectively.

Panalpina appoints new Executive Board members

Panalpina appoints new Executive Board members

Press releases   •   Jun 05, 2015 16:00 GMT

Panalpina promotes Andy Weber (55) to the position of Chief Operating Officer (COO) as of July 1, 2015. At the same time, the company announces that Ralf Morawietz (48) will assume the position of Chief Information Officer (CIO).

Panalpina acquires its long-time Egyptian agent Afifi

Panalpina acquires its long-time Egyptian agent Afifi

Press releases   •   May 29, 2015 05:00 GMT

Panalpina is to acquire its Egyptian agent Afifi, a highly respected family-owned company specializing in freight forwarding, customs clearance and logistics. The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa. Afifi has been Panalpina’s agent in Egypt for the last 20 years.

Annual general meeting 2015 approves all board proposals

Annual general meeting 2015 approves all board proposals

Press releases   •   May 12, 2015 15:30 GMT

At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 12, 2015, 68.18% of the share capital was represented. All proposals of the board of directors were approved by a clear majority.

Panalpina adds freighter calls in Baku, Azerbaijan

Panalpina adds freighter calls in Baku, Azerbaijan

Press releases   •   Apr 27, 2015 07:00 GMT

Panalpina is adding calls in Azerbaijan's capital, Baku, as part of its long-term strategy to expand and optimize its controlled air freight network. Scheduled charters that are operated by Silk Way West Airlines and fly between Luxembourg and Shanghai now call in Baku four times per week.

Panalpina delivers stable profitability in first quarter

Panalpina delivers stable profitability in first quarter

Press releases   •   Apr 22, 2015 05:00 GMT

Panalpina increased its operating result and profit in the first quarter of 2015. Consolidated profit increased 10% to CHF 19.6 million while EBIT increased 3% (currency adjusted: +12%) to CHF 25.3 million. Year-on-year, EBIT and conversion rate increased in Ocean Freight as volumes grew by 5% but decreased in Air Freight where volumes only grew slightly by 1%.

Panalpina highlights progress in 2014 Corporate Sustainability Report

Panalpina highlights progress in 2014 Corporate Sustainability Report

Press releases   •   Apr 01, 2015 07:00 GMT

Panalpina today released its 2014 Corporate Sustainability Report, showcasing the progress it has made in its sustainability performance and programs. The company reduced its paper and water usage, energy consumption and greenhouse gas emissions.The report was prepared in accordance with the latest standards of the Global Reporting Initiative (GRI).