Author Archives: Agility Updates

Agility Reports Earnings Increases of 18% for 2018, 15% in Q4

FY 2018
(Million KD)
Q3 2017
(Million KD)
Variance
(%)
9 months 2018
(Million KD)
9 months 2017
(Million KD)
Variance
(%)

Revenue
1,550.2
1,407.0
+10.2%
399.8
386.0
+3.6%

Net Revenue
497.8
469.9
+5.9%
123.7
125.7
-1.6%

EBITDA
154.8
135.2
+14.5%
40.8
37.6
+8.4%

Net Profit
81.1
68.5
+18.4%
22.2
19.3
+15.1%

EPS (fils)
56.06
47.31
+18.5%
15.35
13.33
+15.2%

 
KUWAIT – February 16, 2019 — – Agility, a leading global logistics provider, today reported 2018 net profit of KD 81.1 million, or 56.06 fils per share, an increase of 18.4% from 2017. Revenue for the year reached KD 1,550.2 million, and […]

Posted in Agility General Update

Agility Statement in Regards to Panalpina

Agility confirms that it is in early discussions with Panalpina about partnership opportunities between the logistics businesses of the two companies. Agility is always exploring opportunities to grow its business and maximize shareholder value. No agreement has yet been reached and there are no guarantees that an agreement will be reached.
For more information:
Hirzel.Neef.Schmid.Konsulenten
Andrés Luther
Jürg Wildberger
+41 43 […]

Posted in Agility General Update

Emerging Markets Outlook

Highly leveraged emerging market economies are feeling the pinch from growing protectionism and tightening monetary conditions in the United States. Are policy-makers equipped to avert a hard economic landing?
This session was developed in partnership with NDTV.
This video footage is a small section taken out of the Emerging Markets Outlook webcast at the World Economic Forum […]

Posted in Agility General Update

Agility Opens Regional Logistics and Distribution Hub in Bahrain

28,500 sqm facility expands capabilities in key market
MANAMA, Bahrain – January 10 2019 – Agility, a leading global logistics provider, opened a 28,500 square meter facility in Hidd to expand its warehousing, freight, transport and specialty capabilities and serve as a regional logistics and distribution hub.
The new facility supports contract logistics with ambient, chilled […]

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Agility Appointed to Handle InfoComm Events in the U.S.

Selected to be official freight forwarder and customs broker for 2019 and 2020
IRVINE, Calif. – January 9, 2019 – Agility, a leading global logistics provider, has been appointed as the official international freight forwarder and customs broker for InfoComm USA 2019 – 2020.
InfoComm is the largest professional trade show in the United States for the audiovisual […]

Posted in Press

Agility Africa Wins Two ‘Company of the Year’ Awards

Logistics provider singled out for investments and corporate social responsibility in Africa
DUBAI – December 13, 2018 – Agility, a leading global logistics provider, has been recognized as Company of the Year by both The West Africa Regional Magazine and at the Meet the Farmers conference.
Agility Africa was named “Logistics Company of the Year” at the […]

Posted in Agility General Update

Agility to Invest $100M in ‘Shipa’ Digital Logistics Platform

 
Online & mobile service makes it easy to buy, sell, move goods locally and globally
DUBAI – Agility, one of the world’s largest logistics companies, said it will invest $100 million over three years to launch Shipa.com, a digital logistics platform that lets businesses, entrepreneurs and consumers manage their freight, e-commerce, and urban deliveries online.
“Shipa.com makes […]

Posted in Agility General Update

Suez Canal Economic Zone, Agility Agree to Develop East Port Said Logistics Hub

CAIRO, Egypt – 26 June 2018 – Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZONE), along with Mr. Tarek Sultan, Vice Chairman and CEO of Agility, a leading global logistics provider, today signed a Protocol of Cooperation, establishing a logistics center in East Port Said, […]

Posted in Agility General Update

Small, Mid-Size Companies See Tech Driving Their Trade Growth

Small and medium-size businesses that have struggled for equal footing in the global economy are increasingly looking to cross-border trade for growth, seeing technology as a way past obstacles in shipping and compliance, according to new research from Shipa Freight. [Read more]

Posted in Agility General Update

Two Agility Branches in the Netherlands receive GDP certification

We are pleased to announce that Agility Amsterdam and Rotterdam have been awarded with the Good Distribution Practice (GDP) certification.
The certification was carried out by AJA Registrars Europe, a worldwide operating registration company accredited by UK Accreditation Service as an independent third-party assessor.
The GDP deals with the guidelines for the proper distribution of medicinal products […]

Posted in Agility General Update