Independent journal on economy and transport policy
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In the third trimester of this year Kuhne + Nagel it has recorded an improvement of the economic results
The volume of transactions is diminished of -6,7%
October 13, 2015
In the third trimester of this year the logistic group Helvetic Kuhne + Nagel has recorded an improvement of the economic performances against a reduction of the volume of transactions. The period has been archived item with a profit clearly of 186 million franchi Swiss, with an increase of Swiss +11% regarding 167 million franchi in the period July-september of 2014. The clean revenues are piled to 4,2 billion franchi Swiss, down of the -6,7% on the third trimester last year. EBITDA and EBIT have totaled Swiss increments respective of +9.4% and +9.0% having gone up to 280 million and 230 million franchi.
In the single segment of marine shipments the group has recorded clean revenues for 2,1 billion franchi Swiss, down of the -5,2% on the third trimester of 2014. The activity realized in the field has generated an EBITDA of 136 million franchi Swiss (a Swiss +16.2%) and EBIT of 131 million franchi (+17.0%). In the period July-september of the 2015 marine shipment volumes enlivened from Kuhne + Nagel they have been pairs to 994 thousand container teu regarding 991 thousand teu in the correspondent period last year.
In the third trimester of this year the air shipments carried out by the group have produced 1,4 billion franchi almost Swiss clean revenues in order (- 5.6%), an EBITDA of 72 million franchi Swiss (+10.8%) and a EBIT of 164 million franchi Swiss (+173.3%). In the activity segment pairs to 312 thousand are enlivened cargo volumes tons regarding 297 thousand tons in the period July-september of 2014.
In the segment of terrestrial shipments the group has totaled Swiss clean revenues for 969 million franchi (- 5.3%), an EBITDA Swiss pairs to 17 million franchi (+41.7%) and a EBIT pairs to three million franchi Swiss ones (+50.0%).
Kuhne + Nagel has closed the first nine months of 2015 with clean revenues pairs to 12,4 billion franchi Swiss, with a bending of the -4,4% on the same period last year. EBITDA and EBIT have been attested respective 777 million franchi Swiss (to +4.6%) and 640 million franchi Swiss (+5.4%). The profit clearly has been Swiss pairs to 512 million franchi (+6.7%).
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