Kuehne & Nagel International reports Q2 results
Seeking Alpha ·
Kuehne & Nagel International press release ( KHNGF ): Q2 revenue of CHF 6.62B (+7.6% Y/Y). Net earnings reached CHF 0.28B, marking a 10.00% year-over-year increase. EBIT rose 11.00% year-over-year to CHF 0.38B. Air Logistics Q2 EBIT surged 35.00% year-over-year to CHF
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Kuehne+Nagel announced that Q2 revenue rose 7.6% year-over-year to 6.62 billion CHF. Net profit increased by 10% to 280 million CHF, while EBIT grew 11% to 3.8 billion CHF. Notably, EBIT in the air logistics segment surged 35%, strongly driving overall earnings growth. As the recovery in global logistics demand has been confirmed, investors should pay attention to profitability improvements in the related transportation and logistics sector.
상승 영향
- Logistics — Expectations for improved profitability across the logistics industry have risen due to the 7.6% increase in Q2 revenue and the 35% surge in air logistics EBIT.
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