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Panalpina grows ahead of market and improves profitability in first quarter
Panalpina grows ahead of market and improves profitability in first quarter
Apr 29, 2014
International freight forwarding and logistics company Panalpina continued to gain market share in air and ocean freight in the first quarter of 2014. From January to March, Panalpina’s volumes in both Air and Ocean Freight grew by 6%. EBIT in the same period increased almost a third to CHF 24.5 million.
“We had a decent start into 2014,” says Panalpina CEO Peter Ulber. “In the first three months of the year, Air and Ocean Freight showed continued growth ahead of the market, and in Logistics we made progress in reducing the losses. Group EBIT and EBIT-to-gross profit margin increased both year-on-year and quarter-on-quarter.”
Más información sobre este producto consulte en: http://www.panalpina.com/www/global/en/home/news_media/news_archive_folder/news_2014/14_04_29.html
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