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Panalpina Welttransport Holding AG (PWTN.S)

PWTN.S on Swiss Exchange

223.40CHF
21 Aug 2019
Change (% chg)

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CHF232.40
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CHF110.80

Latest Key Developments (Source: Significant Developments)

Panalpina: DSV Releases Provisional Notice Of Final Result Of Public Exchange Offer
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::DSV A/S RELEASES PROVISIONAL NOTICE OF FINAL RESULT OF PUBLIC EXCHANGE OFFER FOR PANALPINA SHARES.A TOTAL OF 23,270,295 PANALPINA SHARES HAVE BEEN TENDERED INTO OFFER.SHARES TENDERED CORRESPOND TO 97.98% OF ALL 23,750,000 PANALPINA SHARES LISTED AS OF AUGUST 7, 2019.  Full Article

Panalpina Says DSV Expects Settlement Of Public Exchange Offer On Or Around Aug 19
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Panalpina Welttransport Holding AG ::DSV A/S EXPECTS SETTLEMENT OF PUBLIC EXCHANGE OFFER FOR PANALPINA SHARES ON OR AROUND AUGUST 19, 2019.  Full Article

DSV Q2 Adjusted EBIT Slightly Above Expectations At DKK 1.63 Bln
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Dsv ::REG-DSV, 767 - INTERIM FINANCIAL REPORT H1 2019.Q2 REVENUE DKK 20.1 BILLION (REFINITIV POLL DKK 20.54 BILLION).Q2 NET PROFIT DKK 1.15 BILLION (REFINITIV POLL DKK 1.13 BILLION).Q2 ADJUSTED EBIT DKK 1.63 BILLION (REFINITIV POLL DKK 1.59 BILLION).EXPECT TO PUBLISH A NEW FINANCIAL OUTLOOK ONCE COMBINATION WITH PANALPINA HAS BEEN COMPLETED.GLOBAL TRANSPORT MARKETS ARE SOFT - ESPECIALLY WITHIN AIR FREIGHT, BUT DSV HAS MANAGED TO OUTGROW MARKET WHILE STILL DELIVERING MARKET LEADING PROFITABILITY.EXPECT THAT PANALPINA TRANSACTION WILL CLOSE IN Q3.  Full Article

Panalpina H1 Consolidated Profit Down At 34 Million Francs
Thursday, 18 Jul 2019 

July 18 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::FROM JANUARY TO JUNE 2019, PANALPINA GENERATED AN EBIT OF CHF 52.1 MILLION (YTD 2018: CHF 54.7 MILLION).A CONSOLIDATED PROFIT OF CHF 34.0 MILLION (YTD 2018: CHF 36.1 MILLION), THEREBY NEARLY REACHING PREVIOUS-YEAR LEVELS.H1 GROSS PROFIT DECREASED 4% TO CHF 716.4 MILLION (YTD 2018: CHF 744.4 MILLION).  Full Article

Panalpina Welttransport Announces Board Of Directors Change
Friday, 21 Jun 2019 

June 21 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::CHANGE IN BOARD OF DIRECTORS OF PANALPINA WORLD TRANSPORT (HOLDING) AG.KURT K. LARSEN APPOINTED MEMBER AND CHAIRMAN OF BOARD OF DIRECTORS.ALL CURRENT MEMBERS OF BOARD OF DIRECTORS WILL RESIGN WITH EFFECT AS OF SETTLEMENT OF PUBLIC EXCHANGE OFFER BY DSV A/S.APPOINTS THOMAS PLENBORG, JENS BJØRN ANDERSEN AND JENS H. LUND AS MEMBERS OF BOARD OF DIRECTORS.  Full Article

Panalpina: Takeover Board Decides On Public Exchange Offer Of DSV
Wednesday, 29 May 2019 

May 29 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::DECISION OF TAKEOVER BOARD ON PUBLIC EXCHANGE OFFER OF DSV A / S ON ALL REGISTERED SHARES IN PUBLIC HANDS OF PANALPINA WELTTRANSPORT.REQUEST NO. 1 OF MAY 7 IS PARTIALLY GRANTED BY SWISS TAKEOVER BOARD.IT IS HELD THAT COVER PURCHASES OF DSV SHARES MADE BY PANALPINA TO FULFILL ITS OBLIGATIONS UNDER EXISTING SHARE PLANS ARE NOT SUBJECT TO BEST PRICE RULE.  Full Article

DSV Launches Share Buyback Programme
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Dsv ::REG-DSV, 745 - LAUNCH OF SHARE BUYBACK PROGRAMME ACCORDING TO THE SAFE HARBOUR METHOD.SHARE BUYBACK PROGRAMME WILL RUN FROM 30 APRIL 2019 TO 8 NOVEMBER 2019 AT LATEST, BOTH DAYS INCLUSIVE.WILL BUY ITS OWN SHARES UP TO MAXIMUM OF DKK 3,500 MILLION.AUTHORITY IS VALID UNTIL 15 MARCH 2024 AND COVERS A MAXIMUM OF 18,600,000 SHARES.  Full Article

DSV Q1 EBIT Adjusted DKK 1.45 Billion, Above Expectations
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Dsv ::REG-DSV, 744 - INTERIM FINANCIAL REPORT Q1 2019.Q1 REVENUE DKK 19.98 BILLION (REUTERS POLL DKK 19.31 BILLION).FINANCIAL PERFORMANCE FOR Q1 2019 FULLY LIVED UP TO EXPECTATIONS FOR 2019 ORIGINALLY PUBLISHED.TO FACILITATE LISTING OF NEW SHARES FOR EXCHANGE OFFER TO SHAREHOLDERS OF PANALPINA, DSV WITHDRAWS ITS OUTLOOK FOR 2019 EFFECTIVE AS OF TODAY.EXPECT TO PUBLISH A NEW FINANCIAL OUTLOOK ONCE COMBINATION WITH PANALPINA IS COMPLETED..WE EXPECT TO PUBLISH A NEW FINANCIAL OUTLOOK ONCE COMBINATION WITH PANALPINA IS COMPLETED.Q1 EBIT ADJUSTED. DKK 1.45 BILLION (REUTERS POLL DKK 1.30 BILLION).LAUNCH OF A NEW SIX-MONTH SHARE BUYBACK PROGRAMME OF UP TO DKK 3,500 MILLION.  Full Article

Panalpina Proposes That No Dividend Be Paid In 2019
Wednesday, 10 Apr 2019 

April 10 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::PANALPINA'S BOD ANNOUNCES PROPOSALS RELATED TO AGM.PROPOSES TO ELECT THOMAS E. KERN AS CHAIRMAN OF BOARD AT UPCOMING ANNUAL GENERAL MEETING ON MAY 9, 2019.PROPOSES THAT NO DIVIDEND BE PAID OUT TO SHAREHOLDERS IN 2019.  Full Article

DSV aims to lift Panalpina margins - CEO
Monday, 1 Apr 2019 

April 1 (Reuters) - DSV ::CEO SAYS DO NOT SEE ANYTHING THAT COULD MAKE COMPETITION AUTHORITIES BLOCK PANALPINA DEAL.CEO SAYS AIMS TO LIFT THE MARGINS OF THE COMBINED COMPANY TOWARDS THE LEVEL OF THE EXISTING DSV BUSINESS.CEO SAYS EXPECTS IT WILL TAKE AROUND TWO TO THREE YEARS TO INTEGRATE PANALPINA INTO DSV.CEO SAYS EXPECTS THAT THE TOTAL NUMBER OF EMPLOYEES WILL GROW LONG TERM IN THE COMBINED COMPANY.  Full Article