Panalpina World Transport Holding Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported consolidated profit attributable to owners of the parent of CHF 14.7 million or CHF 0.62 per diluted share on net forwarding revenue of CHF 1,601.6 million compared to consolidated loss attributable to owners of the parent of CHF 41 million or CHF 1.73 per diluted share on net forwarding revenue of CHF 1,539.8 million reported in the same period last year. EBITDA was CHF 30.1 million against EBITDA loss of CHF 25.5 million, EBIT was CHF 18.5 million against EBIT loss of CHF 35.6 million reported last year. Profit before income tax was CHF 18.9 million against loss before income tax of CHF 35.2 million reported last year. Net cash from operating activities was CHF 12.3 million against CHF 28.1 million reported last year. Purchase of property, plant and equipment was CHF 6.7 million against CHF 6.9 million, Purchase of intangible assets and other assets was CHF 5.9 million against CHF 3.0 million and purchase of investments held for trading and other financial assets was CHF 1.5 million against CHF 1.1 million reported last year. The Board of Directors has proposed dividends for the fiscal year 2012 of CHF 2.00 per share. This proposal is subject to approval at the Annual Meeting of Shareholders on May 15, 2013.

Panalpina World Transport Holding Ltd. announced that its CEO, Monika Ribar will step down at the end of May 2013. Her successor is former Kuehne + Nagel management board member Peter Ulber. Monika Ribar, who in addition to her role as CEO of Panalpina already serves on other companies' boards of directors, plans now to turn her focus more on these non-executive managerial roles for the foreseeable future. Monika Ribar has been a member of Panalpina's management for almost 23 years and she has led the company as CEO for the past seven years. Ribar will hand over her responsibilities to Peter Ulber on June 1, 2013, and put her focus on non-executive managerial functions outside of the company going forward.

Panalpina World Transport Holding Ltd. reported earnings results for the year ended December 31, 2012. For the period, the company reported total income of CHF 156,008,000 compared with CHF 226,310,000 for the same period last year. Profit for the year was CHF 2,772,000 compared with CHF 19,066,000 for the same period last year.