Three Months Results 2016 – Consolidated Financial Statements
- License: © All rights reserved (allow download)
- File format: .pdf
The information on this page is intended for journalists, press and media. Click YES to get to the newsroom. If you click NO you will come back to Mynewsdesk.com.
Panalpina preserved profitability in the first quarter of 2016 despite the continued contraction of the global oil and gas business. The company reported an EBIT of CHF 24.0 million and a consolidated profit of CHF 17.3 million. In a continuously soft market, transport volumes grew in Air Freight but decreased in Ocean Freight. Logistics reported the fifth positive quarter on EBIT level.