No place to hide for container shipping investors as Q2 earnings calls loom
Clouds gathering
Swiss forwarder Panalpina today reported third-quarter results, which saw revenue for the first nine months of the year down 12% year-on-year and unadjusted EBITDA tumbling 20.4% to SFr104.6m (US$105.1m).
The company’s results were hit by the SFr26.1m cost of restructuring its oil and gas division in the second quarter. ...
Comment on this article