Kuehne + Nagel Group – First Quarter 2013
Positive development of results
In a softened market environment, the Kuehne + Nagel Group concentrated on the improvement of internal efficiency and profitability, resulting in positive achievements in the business units airfreight and contract logistics. Turnover increased by 5.4 per cent to CHF 5,094 million compared to the previous year’s period. Gross profit improved by 2.3 per cent to CHF 1,537 million and at CHF 219 million, the operational result (EBITDA) was above the previous year’s level. Net earnings amounted to CHF 134 million (last year: CHF 68 million).