Kuehne und Nagel Q3 profit rises 2%, below market forecasts
Oct 23 (Reuters) -Swiss logistics group Kuehne und Nagel KNIN.S reported a 2% increasein its third-quarter operating profit on Wednesday, citing higher profitability per unit in sea logistics.
Earnings before interest and taxes roseto 455 million Swiss francs ($525 million) in the third quarter of 2024 from 446 million a year earlier, slightly missing averageanalysts' consensus estimates of 460 million euros.
($1 = 0.8669 Swiss francs)
Reporting by Elizaveta Gladun and Anastasiia Kozlova
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