Kuehne Und Nagel 9M Net Turnover at CHF 18.0 Billion
Oct 23 (Reuters) -KUEHNE UND NAGEL INTERNATIONAL AG KNIN.S:
FROM JANUARY TO SEPTEMBER 2024, THE KUEHNE+NAGEL GROUP ACHIEVED NET TURNOVER OF CHF 18.0 BILLION
NET TURNOVER IN THE BUSINESS UNIT SEA LOGISTICS AMOUNTED TO CHF 6.7 BILLION WITH EBIT OF CHF 653 MILLION IN THE PERIOD FROM JANUARY TO SEPTEMBER 2024
FOR FIRST TIME SINCE THE END OF THE PANDEMIC, EBIT AND PROFIT IN THE THIRD QUARTER OF 2024 BOTH INCREASED QUARTER-ON-QUARTER AND YEAR-ON-YEAR
NET TURNOVER IN THE BUSINESS UNIT AIR LOGISTICS AMOUNTED TO CHF 5.2 BILLION WITH EBIT OF CHF 330 MILLION IN THE PERIOD FROM JANUARY TO SEPTEMBER 2024
NINE-MONTHS RESULT WAS IMPACTED BY NEGATIVE EXCHANGE RATE EFFECTS OF 2% AND NON-RECURRING RESTRUCTURING COSTS OF CHF 17 MILLION BOOKED IN THE SECOND QUARTER OF 2024
NET TURNOVER OF CHF 3.5 BILLION AND EBIT OF CHF 162 MILLION IN CONTRACT LOGISTICS IN THE PERIOD FROM JANUARY TO SEPTEMBER 2024
Further company coverage: KNIN.S
(Gdansk Newsroom)
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