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18 July 2019 The on-line newspaper devoted to the world of transports 10:50 GMT+2

February 28, 2019

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Original news
In the fourth trimester the 2018 profit clearly of the Panalpina Helvetian has recorded an increase of +172.7%

The turnover clearly has been of about 1,4 billion euros (+8.6%)

In the fourth trimester of the 2018 logistic group Helvetic Panalpina it has recorded a turnover clearly generated from the shipment activities Swiss pairs to 1,59 billion franchi (1,4 billion euros), with a progression of +8.6% regarding the period October-December of the year precedence. In the single segment of air shipments the turnover clearly is piled to 868,3 million (+5.4%), in that of marine shipments to 573,4 million (+12.3%) and in the field of logistic other asset to 151,5 million (+13.9%). The group EBITDA has been attested 81,0 million franchi Swiss (to +91.4%), of which 50,4 million from air shipments (+10.4%), 12,4 million from marine shipments (in fourth trimester 2017 the EBITDA had turned out negative for -5,5 million) and 18,2 million from logistic other asset (+741.4%). The EBIT of group has turned out Swiss pairs to 35,2 million franchi (+12.5%), with a contribution of 28,0 million from air shipments (- 31.5%) and respective of 3,6 million and 3,5 million from marine shipments and logistic other asset against values of the operating result both of sign negative and pairs to Swiss -9,6 million and -87 thousand franchi in the last trimester of 2017. The group profit clearly has been of 24,7 million franchi Swiss (+172.7%).

In the fourth trimester of the 2018 volume of air shipments pairs enlivened by the group have been almost 287 thousand tons, with an increment of +4.7%, and that of marine shipments to 363 thousand container teu, with a bending of -3,9%.

In the entire exercise anniversary the 2018 clearly generated turnover from the shipment activities of the group has been of 6,03 billion franchi Swiss, in increase of +9.1% on the exercise precedence, of which 3,21 billion produced from air shipments (+10.1%), 2,26 billion from marine shipments (+9.2%) and 554,8 million from logistic other asset (+3.0%). The group EBITDA has totaled 389,5 million franchi Swiss (+98.0%), with 188,2 million coming from air shipments (+45.9%), 32,7 million from marine shipments (turned out of sign negative for -13 thousand franchi in 2017) and 68,6 million from logistic other asset (+298.1%). The operating profit of group has been of 118,4 million franchi Swiss (+14.6%), with a contribution of 108,2 million from air shipments (- 1.9%), a contribution of sign negative and pairs to -1,8 million from marine shipments (EBIT of sign negative for -15,1 million in 2017) and with a contribution of 11,9 million from logistic other asset (+47.7%). The group profit clearly has been of 75,7 million franchi Swiss (+31.8%).

Last year the volume of air shipments enlivened from Panalpina has reached the quota record of 1,04 million tons (+4.3%), while the volume of marine shipments is diminished of the -2,4% coming down to 1,48 million teu.

We remember that to half last month Panalpina it has received an offer for the purchase of the company introduced from Danish DSV and that to half of the current month the Swiss group has announced of being in negotiations for the fusion with the Agility kuwaiti(on 16 January, 4 February and 15 February 2019).

Evergreen Line Vincenzo Miele

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