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01 April 2020 The on-line newspaper devoted to the world of transports 04:36 GMT+2

July 18, 2019

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Original news
Bending of the economic performances of the Panalpina group in according to trimester

The adhesion to the public offer of exchange put into effect from Danish DSV turns out pairs to 88.27% of all the quoted actions of the Helvetic group

In according to trimester of the 2019 revenues of the logistic group Helvetic Panalpina they are diminished of the -1,6% being piled to 1,49 billion franchi Swiss (1,3 billion euros) regarding 1,50 billion franchi Swiss in the correspondent period last year. In the single field of the air shipments, in which cargos for a total of 252 thousand are enlivened tons (+1%), the revenues have been attested 756,0 million franchi Swiss (- to 5.8%). In the segment of marine shipments, that it has recorded handling of loaded pairs to 317 thousand container teu (- 2%), the revenues have totaled 579,4 million franchi Swiss (+3.0%). In the section of logistic other asset the revenues have been pairs to 143,0 million (+4.5%).

In according to trimester of this year operating result of group it has been of 24,0 million franchi Swiss (- 20.7%), with a contribution of 13,6 million from air shipments (- 48.8%), of 5,2 million from marine shipments (+1,380, 2%) and of 5,2 million from other asset (+54.7%). Panalpina has closed the period April-june of 2019 with a profit clearly of 14,8 million franchi Swiss, with a decrease of the -24,0% on the same period last year.

In entire the first semester of the 2019 revenues of the Helvetic group they have been attested to 2,96 billion franchi Swiss (+1.6% on the first half of 2018), of which 1,51 billion produced from air shipments (- 2.6%), 1,16 billion from marine shipments (+5.8%) and 290,1 million from logistic other asset (+8.9%). The EBIT of group has been of 52,1 million franchi Swiss (- 4.8%), of which 38,4 million generated from air shipments (- 28.0%), 5,5 million from marine shipments (- 5,4 million in first semester 2018) and 8,1 million from other asset (+20.2%). The first six months of this year have been archived item with a profit clearly of group of 34,0 million (- 5.7%).

In the first half of the 2019 air shipment volume enlivened from the group it has been pairs to 512 thousand tons (+4.6%) and that of marine shipments to 719 thousand teu (- 2.8%).

We remember that Panalpina shortly will melt with logistic group Danish DSV(on 1° April 2019). This last one has activated a public offer of exchange for the acquisition of all the actions of the Helvetic group and to such purpose today DSV it has announced that to the expiration date of the period of offer, term that is extended and has expired yesterday, turns out in via preliminary matter an adhesion to the offer for a total almost 21,0 million sets in action, pairs to 88.27% of all the quoted actions.

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