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Panalpina Welttransport Holding AG (PWTN.S)

PWTN.S on Swiss Exchange

132.90CHF
23 May 2017
Change (% chg)

CHF0.40 (+0.30%)
Prev Close
CHF132.50
Open
CHF132.30
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CHF133.20
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CHF132.30
Volume
2,345
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57,255
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CHF140.40
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CHF109.60

Latest Key Developments (Source: Significant Developments)

Panalpina to acquire Kenyan freight forwarder, Air Connection
Wednesday, 3 May 2017 01:09am EDT 

May 3 (Reuters) - Panalpina Welttransport Holding AG ::Said on Tuesday is to acquire Air Connection, a Kenya-based forwarder specialized in the export of flowers and vegetables.Panalpina will acquire the family-owned Kenyan company Air Connection, subject to conditions.The companies reached a respective agreement on May 2, 2017.The companies have agreed not to disclose any financial details of the deal.  Full Article

Panalpina buys majority stake in Carelog Freight Service and its units
Wednesday, 3 May 2017 01:00am EDT 

May 3 (Reuters) - Panalpina Welttransport Holding AG ::Panalpina has acquired Carelog, a Danish freight forwarding and logistics company.Panalpina World Transport (Holding) Ltd. has acquired a majority stake in Carelog Freight Service A/S and its subsidiaries.Transaction was completed yesterday in Copenhagen, Denmark.  Full Article

Panalpina Welttransport Q1 EBIT down to CHF 16.4 mln
Friday, 21 Apr 2017 01:00am EDT 

April 21 (Reuters) - Panalpina Welttransport Holding AG ::Q1 EBIT of 16.4 million Swiss francs ($16.42 million) (Q1 2016: 24.0 million francs).Q1 consolidated profit of 12.4 million francs (Q1 2016: 17.3 million francs).  Full Article

Panalpina FY consolidated profit down to CHF 80.2 mln
Thursday, 2 Mar 2017 01:04am EST 

Panalpina Welttransport Holding AG : FY adjusted for restructuring expenses of 28 million Swiss francs ($27.71 million), EBIT reached 109.9 million francs (-6.3 percent) and consolidated profit 80.2 million francs (-9.1 percent) in 2016 .Board of directors will propose an increased (+7 percent) dividend payment of 3.75 francs per share to Annual General Meeting on May 3, 2017.  Full Article

Panalpina Welttransport Holding H1 adjusted consolidated profit CHF 47.9 mln
Wednesday, 20 Jul 2016 01:00am EDT 

Panalpina Welttransport Holding AG : H1 net forwarding revenue 2,596.5 million Swiss francs ($2.64 billion) versus 2,941.4 million francs year ago . H1 EBIT, adjusted for the oil and gas related restructuring provision of 26.1 million francs, reached 60.8 million francs (reported HY 2016: 34.7 million francs; HY 2015: 60.4 million francs) . H1 adjusted consolidated profit amounted to 47.9 million francs (reported HY 2016: 21.8 million francs; HY 2015: 45.3 million francs) . Recognized a restructuring provision of 26 million francs in Q2 . Q2 net forwarding revenue 1,289.4 million francs versus Reuters poll average 1,332 million francs . Group gross profit remained stable at 736.3 million francs in first half of 2016 (HY 2015: 736.1 million francs) . Q2 gross profit 371.4 million francs versus Reuters poll average 367 million francs .Q2 consolidated profit 4.5 million francs versus Reuters poll average 25.3 million francs.  Full Article

Panalpina WeltTransport Holding nominates Peter Ulber to become Chairman; Stefan Karlen to succeed as CEO
Friday, 26 Feb 2016 12:00pm EST 

Panalpina WeltTransport Holding AG:Panalpina's board of directors nominates Peter Ulber to become Chairman; Stefan Karlen to succeed as CEO​.  Full Article

Panalpina WeltTransport Holding AG to acquire Airflo from Dutch Flower Group
Thursday, 5 Nov 2015 01:00am EST 

Panalpina WeltTransport Holding AG:To acquire Airflo, specialized freight forwarder for flowers and vegetables, from Dutch Flower Group.DFG and Panalpina have agreed not to disclose any financial details of deal.  Full Article

Panalpina WeltTransport enters into strategic alliance with Hong Kong-based company Spread Logistics
Monday, 27 Jul 2015 08:00pm EDT 

Panalpina WeltTransport Holding AG:Has entered into strategic alliance with Hong Kong-based company Spread Logistics.  Full Article

More From Around the Web

BRIEF-Panalpina to acquire Kenyan freight forwarder, Air Connection

* Said on Tuesday is to acquire Air Connection, a Kenya-based forwarder specialized in the export of flowers and vegetables