Independent journal on economy and transport policy
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Kuehne + Nagel improves the quarterly results thanks to the good performances of marine shipments and via earth
Bending in the segment of air shipments
October 22, 2019
In the third trimester of this year the logistic group Helvetic Kuehne + Nagel has recorded an increase of the economic results against an light decrement of the volume of transactions, with a gross turnover that has been attested 6,27 billion franchi Swiss (to 5,7 billion euros), decreasing of the -1,2% on the period July-september last year. EBITDA and EBIT have marked respective Swiss increments of +58.4% and +16.0% having been piled to 472 million and 283 million franchi. The profit clearly has been of 214 million franchi Swiss (+12.6%).
In the single segment of marine shipments, area of activity in which the enlivened cargo volumes have been pairs to 1,28 million container teu (+4.0%), the gross turnover has turned out Swiss pairs to 2,48 billion franchi (- 2.1%) and the operating profit to 122 million franchi Swiss (+7.0%). In the field of shipments for aerial way, section in which enlivened cargos they have been pairs to 406 thousand tons (- 7.5%), the gross turnover has been of 1,33 billion franchi Swiss (- 6.7%) and the operating profit of 89 million (0%). In the field of terrestrial shipments the gross turnover is piled to 996 million franchi Swiss (+6.2%) and the operating profit to 17 million (+21.4%).
In the first nine months of the 2019 Helvetic logistic group it has totaled a gross turnover of 19,00 billion franchi Swiss, with a progression of +3.9% on the same period last year. The EBITDA has been pairs to 1,34 billion (+48.0%), the operating profit to 794 million (+6.6%) and the profit to 598 million franchi clearly Swiss (+3.1%). In the single section of marine shipments the gross turnover has been of 7,34 billion (+7.3%) and the operating profit of 357 million (+10.2%); in that of air shipments the gross turnover has turned out of 4,09 billion (- the 1.2%) and operating profit of 263 million (- 3.0%); in the segment of terrestrial shipments the gross turnover has attested to 3,07 billion (+3.2%) and the operating profit to 62 million franchi Swiss (+8.8%).
In the first nine months of this year the cargo volumes enlivened from the group for marine way have been pairs to 3,67 million container teu (+4.3%) and those enlivened for aerial way to 1,22 million tons (- 6.4%).
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In the third trimester of this year the logistic group Helvetic Kuehne + Nagel has recorded an increase of the economic results against an light decrement of the volume of transactions, with a gross turnover that has been attested 6,27 billion franchi Swiss (to 5,7 billion euros), decreasing of the -1,2% on the period July-september last year. EBITDA and EBIT have marked respective Swiss increments of +58.4% and +16.0% having been piled to 472 million and 283 million franchi. The profit clearly has been of 214 million franchi Swiss (+12.6%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
