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Panalpina improves profitability in the second quarter
Panalpina improves profitability in the second quarter
Jul 26, 2013
The Panalpina Group improved profitability in the second quarter of 2013. The Group’s consolidated profit increased by 44% year-on-year to CHF 24 million. Gross profit went up by 10% to CHF 399 million. Panalpina’s Air Freight showed the first volume increase after nine quarters of declines and moreover grew ahead of market. Ocean Freight continued to gain market share, and Logistics Value-Added Services continued their positive development.
“Our second quarter results show a slight recovery of our business,” said CEO Peter Ulber. “All our products managed to gain market share. Ocean Freight and Logistics show double-digit growth in terms of gross profit, and also Air Freight is growing again, albeit moderately.”
Más información sobre este producto consulte en: http://www.panalpina.com/www/global/en/home/news_media/news_archive_folder/news_2013/13_07_26.html
