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Panalpina half-year results remain stable

Panalpina half-year results remain stable

Press releases   •   Jul 18, 2019 05:00 GMT

Panalpina recorded stable results for the first half-year 2019. From January to June 2019, Panalpina generated an EBIT of CHF 52.1 million (YTD 2018: CHF 54.7 million) and a consolidated profit of CHF 34.0 million (YTD 2018: CHF 36.1 million), thereby nearly reaching previous-year levels.

Double-digit profitability growth for Panalpina

Double-digit profitability growth for Panalpina

Press releases   •   Jul 17, 2018 05:00 GMT

Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF 29.9 million to CHF 36.1 million.

Increased volumes and higher reported profits

Increased volumes and higher reported profits

Press releases   •   Jul 20, 2017 05:00 GMT

Panalpina recorded robust volume growth in both Air and Ocean Freight in the first half-year of 2017. As higher freight rates and margin pressure persisted, Panalpina increased its reported EBIT from 34.7 million (adjusted half-year 2016: CHF 60.8 million) to CHF 42.0 million and the reported consolidated profit from CHF 21.8 million (adjusted HY 2016: 47.9 million) to CHF 29.9 million.

Organic growth offsets contracting oil and gas business

Organic growth offsets contracting oil and gas business

Press releases   •   Jul 20, 2016 05:00 GMT

In the first half of 2016, Panalpina demonstrated that it can compensate for contracting oil and gas business with organic growth in other sectors even as air and ocean freight markets declined. Adjusted for an oil and gas related restructuring provision, EBIT remained stable at CHF 60.8 million and consolidated profit increased slightly to CHF 47.9 million for the first six months of the year.

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.