Press Releases • Oct 25, 2016 05:00 GMT
In the first nine months of 2016, Panalpina recorded a slight increase of EBIT and consolidated profit (adjusted for one-offs). EBIT reached CHF 93.6 million and the consolidated profit CHF 72.6 million. Against the backdrop of receding markets in air and ocean freight, volumes increased by 9% in Air Freight but decreased by 9% in Ocean Freight. Logistics continued positively on the EBIT level.