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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.

Change in the Board of Directors of Panalpina World Transport (Holding) AG
Annual general meeting of Panalpina approves all board proposals

Annual general meeting of Panalpina approves all board proposals

Press releases   •   May 09, 2019 15:50 GMT

At the annual general meeting (AGM) of Panalpina World Transport (Holding) Ltd., held on May 9, 2019, 62.24% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Thomas E. Kern was elected as chairman of the board.

Panalpina improves profitability by 15%

Panalpina improves profitability by 15%

Press releases   •   Apr 17, 2019 05:00 GMT

In the first three months of 2019, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF 16.6 million).

Panalpina’s BoD announces proposals related to AGM

Panalpina’s BoD announces proposals related to AGM

Press releases   •   Apr 10, 2019 05:00 GMT

Panalpina’s board of directors proposes to elect Thomas E. Kern as chairman of the board at the upcoming annual general meeting (AGM) to be held on May 9, 2019. Furthermore, the board of directors proposes that no dividend be paid out to shareholders in 2019.

Panalpina and DSV agree to join forces

Press releases   •   Apr 01, 2019 05:15 GMT

Panalpina postpones EGM

Panalpina postpones EGM

Press releases   •   Apr 01, 2019 05:15 GMT

​In light of the Exchange Offer launched by DSV for Panalpina today (see separate media release) Panalpina's board of directors, upon request of the Ernst Göhner Foundation, has resolved to postpone the extraordinary general meeting (EGM) scheduled for April 5, 2019, in Basel.

Panalpina’s extraordinary general meeting to be held in Basel on April 5, 2019

Press releases   •   Mar 05, 2019 06:00 GMT

Panalpina’s Board of Directors has decided to hold an extraordinary general meeting (EGM) on April 5, 2019 and to support the motion of the shareholder Ernst Göhner Foundation (EGF) to implement the One Share – One Vote standard to further enhance the company’s corporate governance.

Panalpina pushing for accelerated growth after a successful 2018

Panalpina pushing for accelerated growth after a successful 2018

Press releases   •   Feb 28, 2019 06:00 GMT

Panalpina ended the year 2018 with a historic record in Air Freight volumes, a recovering Ocean Freight product and solid profitability in Logistics. For the full year, Panalpina’s reported EBIT increased from CHF 103.3 million to CHF 118.4 million (+15%) and the reported consolidated profit increased from CHF 57.5 million to CHF 75.7 million (+32%).

Announcement of Extraordinary General Meeting to implement "One Share – One Vote" regime

Press releases   •   Feb 25, 2019 16:30 GMT

Panalpina received today a request of its shareholder Ernst Göhner Foundation ("EGF") to implement the One Share – One Vote standard at an extraordinary shareholders' meeting to be held prior to the annual general meeting.

Panalpina statement on revised proposal from DSV

Panalpina statement on revised proposal from DSV

Press releases   •   Feb 15, 2019 09:35 GMT

The Board of Directors of Panalpina confirms that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF 180 per share, all in cash.

Statement of Panalpina related to Agility

Statement of Panalpina related to Agility

Press releases   •   Feb 15, 2019 06:15 GMT

The Board of Directors of Panalpina confirms media reports that it is in discussions with Agility Group on potential strategic opportunities with regard to their respective logistics businesses. The discussions between the two companies are at a preliminary stage.

Statement from Panalpina regarding DSV and the position of Ernst Göhner Foundation

Statement from Panalpina regarding DSV and the position of Ernst Göhner Foundation

Press releases   •   Feb 04, 2019 06:20 GMT

Panalpina confirms that the Ernst Göhner Foundation, Panalpina's largest shareholder representing approximately 46% of the total share capital, informed the Board of Directors that it does not support the current non-binding proposal from DSV and that it supports Panalpina’s Board of Directors in pursuing an independent growth strategy that includes M&A.

Panalpina statement on unsolicited, non-binding approach from DSV

Panalpina statement on unsolicited, non-binding approach from DSV

Press releases   •   Jan 16, 2019 05:30 GMT

The Board of Directors of Panalpina announces that it has received an unsolicited, non-binding proposal from DSV to acquire the company at a price of CHF 170 per share, comprising a mix of cash and DSV shares.

Panalpina successfully issues a CHF 150 million bond

Panalpina successfully issues a CHF 150 million bond

Press releases   •   Nov 14, 2018 17:00 GMT

Panalpina World Transport (Holding) Ltd today successfully placed a CHF 150 million debut bond in the Swiss capital market.

Panalpina increases group profitability

Panalpina increases group profitability

Press releases   •   Oct 25, 2018 05:00 GMT

In the first nine months of 2018, Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from CHF 72.1 million to CHF 83.2 million and the consolidated profit increased from CHF 48.4 million to CHF 51.0 million.

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.

Annual general meeting 2018 approves all board proposals

Annual general meeting 2018 approves all board proposals

Press releases   •   May 08, 2018 16:30 GMT

At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 8, 2018, 65.47% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Sandra Emme was confirmed as a new member of the board of directors.

Panalpina improves profitability

Panalpina improves profitability

Press releases   •   Apr 19, 2018 05:00 GMT

In the first three months of 2018, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 24.4 million (YTD 2017: CHF 16.4 million) and a consolidated profit of CHF 16.6 million (YTD 2017: CHF 12.4 million).