Dokument —
Three Months Results 2016 – Consolidated Financial Statements
Consolidated financial statements
Kategorier
- 2016
- financial results
- investor relations
- first quarter
- consolidated financial statements
Dokument —
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.