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February 6, 2012

Agility wins a legal case against Supreme

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Agility (PWC) and Professional Contract Administrators (PCA), a US-based consulting company, have received a joint arbitration award totaling $US 41.275 million from Supreme Foodservice GmbH, based in Switzerland, after the U.S. District Court affirmed the award of an independent arbitration panel in favor of Agility and PCA which determined that Supreme breached a consulting agreement. Agility’s share of this transfer was approximately $US 23.1 million inclusive of various legal fees and expenses. The impact of this settlement will be recognized towards the company’s profits; however the timing of the recognition can only be determined after the review and approval of our auditors as per the accounting standards.

Agility Investor Relation to Invest $100M in ‘Shipa’ Digital Logistics Platform
Next Clarification on what was mentioned in the local news date 08 January 2012

Latest Financial News

March 21, 2023

Agility Announces Arbitration Decision in Korek Case

March 21, 2023

Court Ruling in case no. 29 for the year 2023 Commercial / Civil / Government -7

March 13, 2023

Agility to Build World-Class Logistics Parks in Egypt

March 1, 2023

Court Ruling in case no. 12 for the year 2023 Commercial / Civil / Government -20

February 20, 2023

Court Ruling in case no. 14 for the year 2023 Commercial / Civil / Government -27

January 18, 2023

Supplementary Disclosure related to the Leasing Contracts with the PAI

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