Author Archives: Agility Updates

Future of Logistics: The digital supply chain and your business

How the next wave of innovation is changing the supply chain. What you need to know about blockchain, IoT, Robotics Process Automation, AI, data science and how they are changing your business.
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DHL and Agility remain exclusive logistics partners of Messe Frankfurt

Bonn, Hamburg, September 24, 2019: Messe Frankfurt, one of the world’s largest exhibition, congress and event organizers, has extended its exclusive cooperation with forwarding agents DHL Trade Fairs & Events and Agility for five years. This is the third time in a row that both companies have been contracted as the official logistics providers for […]

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Agility Extends Contract with ExCeL London

LONDON, United Kingdom – September 4, 2019 – Following a successful seven-year partnership, Agility, a leading global logistics provider, has been awarded an extended contract by ExCeL London exhibition and international convention center to continue being their venue preferred logistics partner.
Under the new five-year contract, Agility Fairs & Events will continue to partner with ExCeL […]

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Agility Reports 8.1% Q2 Earnings Increase

KUWAIT – August 13, 2019 – Agility, a leading global logistics provider, today reported second-quarter earnings of 12.99 fils per share on net profit of KD 21.6 million, an increase of 8.1% over the same period in 2018. Q2 EBITDA grew 31.2% to KD 48.6 million, and revenue increased 3.2% to KD 396.3 million.
First-half earnings […]

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U.S. Court Rules for Agility in KGL Defamation Case

Pennsylvania Court Affirms 2018 Ruling for Agility
KUWAIT – August 6, 2019 – A state court in the United States last week upheld a lower court ruling in favor of Agility in a case that arose after a whistleblower letter informed the U.S. government of business relationships that existed between KGL and state-owned Iranian entities.
The Pennsylvania […]

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Special Report: Shipping for Small & Medium-Sized Businesses

While SMEs expect their export revenues to grow in the next three years, almost all have faced difficulties…

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In the UK, Togo’s Gnassingbé makes case for investment

President Faure Gnassingbé of Togo was joined by former British prime minister Tony Blair on Thursday to talk economic development at the Togo-UK Investment Summit in London.
Gnassingbé made his pitch to investors while announcing a new deal for a logistics hub in Lomé, after meeting with CEO Geoffrey White of Agility Africa, right, and signing letters […]

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Agility’s Earnings Release Q1 2019

Agility Reports Earnings Increase of 7.3% for First Quarter 2019

Q1 2019
Reported
(Million KD)
Q1 2018
Reported
(Million KD)
Variance
(%)
Q1 2019
Excluding
IFRS16
(Million KD)
Q1 2018
Reported
(Million KD)
Variance
(%)

Revenue
378.8
371.8
1.9%
378.8
371.8
1.9%

Net Revenue
123.9
124.6
-0.6%
123.3
124.6
-1.1%

EBITDA
46.3
37.7
22.8%
39.3
37.7
4.1%

Net Profit
20.3
18.9
7.3%
20.8
18.9
10.2%

EPS (fils)
12.19
11.36
7.3%
12.52
11.36
10.2%

Figures in the table above have been rounded
Kuwait – May 12, 2019: Agility, a leading global logistics provider, today reported first quarter earnings of KD 20.3 million, or 12.2 fils per share,  an increase of […]

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Agility Signs Porsche Carrera Cup Asia Partnership

Continued logistics partner for prestigious Porsche Motorsports racing series
SINGAPORE – May 1, 2019 – Agility has signed a two-year logistics partnership agreement with Porsche Motorsports for the eight-weekend Porsche Carrera Cup Asia (PCCA) racing series.
Agility Fairs & Events has been the official logistics partner for the PCCA since 2016. With this partnership, Agility will handle […]

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Agility Wins National Honors at Prestigious MEED Awards Program

Company’s built-to-suit warehouses selected as national winner
KUWAIT – April 18, 2019 – Agility, a leading global logistics provider, has been selected as the Kuwait national winner in the Industrial Project of the Year category at the 2019 MEED Projects Awards, presented in association with Mashreq.
Agility Logistics Parks received the award for its ‘4 BTS Warehouse’ […]

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