Agility, a leading global logistics provider, today reported earnings of 12.7 fils per share on net profit of KD 14.6 million, an increase of 11.4% over the same period in 2016.
Agility reported EBITDA of KD 30.8 million, a 17.4% increase, along with revenue of KD 320.5 million, a 7.3% increase over Q1 2016. The results represent the fifth consecutive quarter of double-digit growth in Agility’s EBITDA, in line with the company’s long-term guidance.
“Our performance has been driven by strong growth in our Infrastructure companies in emerging markets and by the steady progress we have made in improving the underlying fundamentals of our commercial logistics business,” said Tarek Sultan, Agility Vice Chairman and CEO. “We remain on track to achieve our target of $800 million in EBITDA by 2020.” [Read more…]
Deepens high-end service offering for manufacturers, retailers, e-commerce customers
SINGAPORE – March 20, 2017 – Agility, a leading global logistics provider, acquired a two-story warehouse close to Changi International Airport, giving it more than 600,000 square feet of warehouse space in total in Singapore.
The newly acquired 177,000-square-foot warehouse is located in an area with access to an array of logistics services and two major expressways. Agility has operated in Singapore for more than 40 years and employs more than 400 people there. It owns four other warehouses in Singapore. [Read more…]
Facility will serve fast-growing Indian life sciences exporters, offers partnership with va-Q-tec
HYDERABAD, India – Feb. 3rd, 2017 – Agility, a leading global logistics provider, has opened the first temperature-controlled life sciences storage and handling facility in the Hyderabad Airport Zone.
Agility’s 6,000-square-foot Life Sciences Excellence Center (LSEC) at Rajiv Gandhi International Airport is strategically placed to serve pharma manufacturers in Hyderabad, Goa, Pune, Vishakhapatnam and Bangalore. The centre will provide conditioning, preparation and storage of pharmaceutical goods and operate as a control tower for Agility life sciences customers in India. [Read more…]
We are pleased to announce that Agility has opened a new office in Cologne, Germany. Agility Cologne will provide a comprehensive range of services including air, ocean and road freight, as well as freight management and supply chain solutions.
Agility Logistics GmbH
Frankfurter Strasse 720-726
Tel: +49 (0) 2203 10171 0
Fax: +49 (0) 2203 10171 29
Please send any questions to email@example.com
India stands out in annual logistics Index, but executives show concern about 2017
BAAR, Switzerland – Jan. 24, 2017 – Nearly 69% of logistics professionals say they worry about a retreat from free trade in 2017 following the UK’s Brexit vote and the collapse of global and regional trade talks, a new survey shows.
The survey of more than 800 global logistics and supply chain executives is part of the 2017 Agility Emerging Markets Logistics Index, an annual snapshot of industry sentiment and a ranking of the world’s 50 leading emerging markets by size, business conditions, infrastructure and transport connections.
A significant minority – 43% — said the International Monetary Fund’s 2017 emerging markets growth forecast of 4.6% is too optimistic. [Read more…]
Award recognizes company’s Pharma Competence Center
MUMBAI – December 22, 2016 – Agility, a leading global logistics provider, received Best Logistics Service Provider for Pharmaceuticals at the 2016 Supply Chain Management Professional (SCMPro) Logistics Service Provider Awards in India.
Agility India was recognized for mastering the complexities of pharmaceutical logistics with special recognition going to the company’s temperature-controlled storage facility in Nhava Sheva, Jawaharlal Nehru Port, and to its suite of IT solutions, including a web-based track-and-trace service that allows customers to monitor freight movements in real time. [Read more…
Agility, a leading global logistics provider, has extended its partnership with international events venue ExCeL London through 2019, continuing its role as ExCeL’s official logistics partner.
Agility Fairs & Events will continue managing freight transportation to and from the venue. Agility is the only logistics company with staff offices and warehouse facilities on-site at ExCeL giving it the ability to service all event logistics requirements.
The Agility suite of services for event organizers and exhibitors includes on-site event materials storage, offloading and reloading of vehicles, domestic and overseas collection with customs clearance assistance, direct-to-stand venue deliveries, courier service management, and licensed equipment hire with a qualified operator. [Read more…]
Agility, a leading global logistics provider, received the Third-Party Logistics Company Award at the 2016 Automotive Supply Chain Global Awards, which recognized the company for its work on behalf of one of the world’s leading automakers.
“Supply chains in the auto industry are among the most complex and challenging you can find,” said Mohammed Esa, Senior Vice President of Global Business Development at Agility. “This win is recognition that we can help customers improve management of their supply chains anywhere in the world.” [Read more…]
Deal with Swedish automotive company prompts expansion of Agility facility in Gothenburg
BAAR, Switzerland – November 24, 2016 – Agility, a leading global logistics provider, has won a six-year warehousing and logistics contract with Sweden-based Amring, a wholesaler that sells and distributes tires, rims, complete wheels and related articles for passenger vehicles, trucks and commercial vehicles.
Following the award, Agility announced plans to expand its Gothenburg logistics center from 8,350 sqm to 23,000 sqm. As part of the contract, it will provide warehouse services to Amring, as well as tailored, value-added services including mounting/assembling of wheels. [Read more…]
Agility today announced its financial results for the third quarter of 2016, reporting a net profit of KD 15.17million, an increase of 11%compared to the third quarter of 2015. Earnings-per-share stood at 13.19 fils, and EBITDA stood at KD 28.90 million, a 19% increase compared to the same period in 2015. Revenues are at KD 312.00 million for the quarter, a 7% decrease over Q3 last year.
“We have now been seeing continuous underlying increase in the profitability of the business. This is driven by steady progress in turning around our Global Integrated Logistics business, as well as by continued financial performance and growth in our Infrastructure group of companies,” said Tarek Sultan, Agility’s CEO. “We continue to make gains in the face of a challenging business context: from sluggish economic and trade growth in key regions to political uncertainty in others. I attribute Agility’s gains to sharper strategic focus and ongoing commitment to financial discipline, even as we invest in the markets, products, and technologies that will transform our business and help us continue to lead in the future.” [Read more…]