News / Agility gets a lift from profitable first half, but $95m payout after US lawsuit looms

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As Agility celebrates significant upturns in its first-half results, the spectre of a $95m settlement from a US civil lawsuit still looms over the logistics operator.

Revenues for the six months to June increased 9.1% year-on-year, to $2.1bn (KD662.6m), leading to 15.6% growth in EBITDA of $209.5m.

While its Global Integrated Logistics (GIL) unit saw revenue growth of 9.6%, it was volume growth in the air and sea divisions that stood out.

And it was air freight where there really was something to crow about, with volumes up 14.7%, more ...