Panalpina enjoyed a 30% rise in ebit in the first half of 2018, leading to a near-21% rise in consolidated profit, to Sfr36.1m ($36.2m).
It also announced it had acquired a major stake in yet another perishables business, Skyservices in South Africa, its fifth such investment since September.
Based in Johannesburg and Cape Town airports, the majority of Skyservices exports go to London, Amsterdam and Frankfurt, “strengthening the Panalpina Perishables Network,” said the company, …

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Source: The Loadstar