Independent journal on economy and transport policy
06:06 GMT+1
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Kuehne + Nagel records turned out financial quarterly records
They return to grow enlivened the marine and aerial shipment volumes
April 26, 2021
In the first trimester of the 2021 logistic group Helvetic Kuehne + Nagel has recorded turned out economic records graces also to the rise of the shipment volumes enlivened after a consecutive series of trimesters in which the activity she had turned out down. In the first three months of this year the gross turnover is piled to 9,6 billion franchi Swiss, with an increment of +64.4% on the same period of 2020, while the turnover clearly has been of 6,0 billion franchi Swiss (+22.8%). EBITDA and EBIT have marked Swiss increments respective of +61.6% and +134.2% attesting itself to 611 million and 431 million franchi. The profit clearly has been of 318 million franchi (+128.8%).
In the single segment of marine shipments the turnover clearly has been of 2,39 million franchi (+38.8%) and the operating profit of 206 million franchi (+160.8%). In the field of air shipments the turnover clearly has been of 1,65 billion (+51.2%) and the operating profit of 163 million (+129.6%), while in that of street shipments the turnover clearly has been of 870 million (+0.8%) and the EBIT of 24 million (+41.2%). The activity of contract logistics has generated a turnover clearly of 1,12 billion (- a Swiss 9.3%) and EBIT of 38 million franchi (+123.5%).
In the first three months of the 2021 marine shipment volumes, after four consecutive trimesters of contraction, pairs have marked an increase of +2.0% being are almost 1,1 million container teu, while the air shipment volumes, after nine consecutive trimesters of bending, have recorded an increment of +16.4% being are pairs to 433 thousand tons.
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