panalpina © Richair
© Richair

Swiss 3PL Panalpina, currently the subject of intense merger and acquisition scrutiny, today posted double-digit increases in profits for 2018.

Revenues passed the Sfr6bn mark, up from Sfr5.5bn in 20017, while reported ebit grew 15% to reach Sfr118.4m, compared with Sfr103.3m the year before.

The ebit-to-gross-profit margin stood ...

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