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Panalpina Welttransport Holding AG (PWTN.S)

PWTN.S on Swiss Exchange

157.50CHF
4:30pm GMT
Change (% chg)

CHF4.50 (+2.94%)
Prev Close
CHF153.00
Open
CHF154.00
Day's High
CHF158.20
Day's Low
CHF152.70
Volume
62,005
Avg. Vol
108,247
52-wk High
CHF184.10
52-wk Low
CHF110.80

Latest Key Developments (Source: Significant Developments)

Dsv Q4 EBIT DKK 1.34 Billion, Below Expectations
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Dsv ::REG-DSV, 736 - 2018 ANNUAL REPORT.PROPOSES FY DIVIDEND OF DKK 2.25 PER SHARE (REUTERS POLL DKK 2.19 PER SHARE).SEES 2019 OPERATING PROFIT BEFORE SPECIAL ITEMS IS EXPECTED TO BE IN RANGE OF DKK 5,900-6,300 MILLION.Q4 REVENUE DKK 20.95 BILLION (REUTERS POLL DKK 20.19 BILLION).Q4 EBIT DKK 1.34 BILLION (REUTERS POLL DKK 1.41 BILLION).SEES 2019 NET FINANCIAL EXPENSES ARE EXPECTED IN RANGE OF DKK 620-650 MILLION.EFFECTIVE TAX RATE OF GROUP IS EXPECTED TO BE APPROXIMATELY 23% IN 2019.ADJUSTED FREE CASH FLOW IS EXPECTED TO BE APPROXIMATELY DKK 4,300 MILLION IN 2019."WE ARE ON TRACK TO MEET OUR 2020 FINANCIAL TARGETS".  Full Article

DSV Confirms Proposal To Acquire Panalpina
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Dsv ::REG-DSV, 734 - DSV A/S’ CONTACT WITH PANALPINA WELTTRANSPORTHOLDING AG.CAN CONFIRM THAT DSV HAS MADE AN INDICATIVE AND PRIVATE PROPOSAL TO PANALPINA'S BOARD OF DIRECTORS TO ACQUIRE PANALPINA.COMBINED BUSINESS WOULD GENERATE EXPECTED REVENUES OF MORE THAN DKK 110BN AND EBITDA OF MORE THAN DKK 7BN ON A PRO-FORMA 2018 BASIS.CONSIDERATION CONSISTS OF 1.58 DSV SHARES AND CHF 55 IN CASH FOR EACH PANALPINA SHARE.SAYS STRUCTURE OF OUR OFFER WILL ALLOW PANALPINA'S SHAREHOLDERS TO PARTICIPATE IN BENEFITS OF COMBINATION..BASED ON CLOSING PRICES AS OF 11 JANUARY 2019, VALUE OF OFFER IS CHF 170 PER SHARE.  Full Article

Panalpina Statement On Unsolicited, Non-Binding Approach From DSV
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Panalpina Welttransport Holding AG ::BOARD OF DIRECTORS OF PANALPINA ANNOUNCES THAT IT HAS RECEIVED AN UNSOLICITED, NON-BINDING PROPOSAL FROM DSV TO ACQUIRE COMPANY AT A PRICE OF CHF 170 PER SHARE, COMPRISING A MIX OF CASH AND DSV SHARES..PROPOSAL FROM DSV TO ACQUIRE COMPANY AT A PRICE OF CHF 170 PER SHARE.PROPOSAL COMPRISING A MIX OF CASH AND DSV SHARES.BOARD OF DIRECTORS OF PANALPINA IS REVIEWING PROPOSAL IN CONJUNCTION WITH ITS PROFESSIONAL ADVISERS.  Full Article

Panalpina: Peter Ulber Not Standing For Re-Election As Chairman At Next AGM
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Panalpina Welttransport Holding AG ::PANALPINA ANNOUNCES THAT PETER ULBER WILL NOT STAND FOR RE-ELECTION AS CHAIRMAN OF THE BOARD AT THE NEXT ANNUAL GENERAL MEETING ON 9 MAY 2019.  Full Article

Panalpina Welttransport Holding 9Mth Consolidated Profit At CHF 51.0 Mln
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::FROM JANUARY TO SEPTEMBER, GROSS PROFIT INCREASED FROM CHF 1,024.8 MILLION TO CHF 1,116.2 MILLION.9MTH EBIT INCREASED FROM CHF 72.1 MILLION TO CHF 83.2 MILLION.9MTH CONSOLIDATED PROFIT INCREASED FROM CHF 48.4 MILLION TO CHF 51.0 MILLION.  Full Article

Panalpina Expands Perishables Network To South Africa
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Panalpina Welttransport Holding AG ::PANALPINA PERISHABLES NETWORK EXPANDS TO SOUTH AFRICA.TO ACQUIRE A MAJORITY STAKE IN PERISHABLES SPECIALIST SKYSERVICES.COMPANIES HAVE AGREED NOT TO DISCLOSE ANY FINANCIAL DETAILS OF DEAL.  Full Article

Panalpina Q1 EBIT Of CHF 24.4 Million
Thursday, 19 Apr 2018 

April 19 (Reuters) - Panalpina Welttransport Holding AG ::Q1 EBIT OF CHF 24.4 MILLION (YTD 2017: CHF 16.4 MILLION).Q1 CONSOLIDATED PROFIT OF CHF 16.6 MILLION (YTD 2017: CHF 12.4 MILLION)..  Full Article

Panalpina ‍Expands Perishables Network Into Belgium​
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::‍EXPANDS PERISHABLES NETWORK INTO BELGIUM​.‍IS TO ACQUIRE BELGIAN COMPANIES ADELANTEX AND AD HANDLING​.  Full Article

Panalpina Welttransport 9 m-th EBIT up at CHF 72.1 mln
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::9-MONTH EBIT INCREASED FROM CHF 67.5 MILLION (ADJUSTED YTD 2016: CHF 93.6 MILLION) TO CHF 72.1 MILLION​.9-MONTH ‍CONSOLIDATED PROFIT UP FROM CHF 46.5 MILLION TO CHF 48.4 MILLION​.9-MONTH NET FORWARDING REVENUE CHF 4.07 BILLION VERSUS CHF 3.83 BILLION ‍ YEAR AGO.  Full Article

Freight forwarder DSV denies media report of deal talks with Kuehne & Nagel

COPENHAGEN, Feb 20 Danish freight forwarder DSV said on Wednesday it was not in deal talks with its Swiss peer Kuehne & Nagel as reported by publication The Loadstar.