In the first three months of 2026, the decline in turnover of the Swiss logistics group Kuehne+Nagel has been accentuated, with a negative effect on the company's income statement which is mitigated by a reduction in production costs which - specified group - represents a first impact of the programme of decrease in expenses that was announced in October ( of 23 October 2025 and 3 March 2026). In the first quarter of this year, the turnover Kuehne+Nagel amounted to CHF 5.60 billion (€6.1 billion), with a contraction of -11.5% on the corresponding period of 2025. After seven quarters of increase, the operating costs fell by -3.9%, falling to CHF 1.55 billion. EBITDA was of €562 million (-10.4%), EBIT of €343 million (-14.7%) and profit net of CHF 248 million (-18.2%).

The decline in results was generated by the negative performance in the ocean freight and shipping segments airlines. In the first sector, net sales were CHF 1.89 billion (-24%), EBITDA of CHF 131 million (-43%) and EBIT of €113 million (-47%). In the January-March period of This year, the maritime shipments handled by the group were equal to over one million TEU containers (-2.4%). In the sector of air shipments amounted to 516 thousand tons (0%). The net turnover produced by air shipments stood at 1.63 billion (-9%) and the values of EBITDA and EBIT in this business segment was equal to To CHF 126 million (-4%) and CHF 111 million respectively Swiss (-4%).

On the other hand, the quarterly net turnover generated grew by land shipments which amounted to 908 million CHF (+4.2%). EBITDA and EBIT of this business unit amounted to €41 million (+11%) and €25 million (+32). Stable The value of net sales in the contract logistics sector amounted to €1.18 billion, with a related EBITDA of €264 billion million (+16%) and EBIT of CHF 94 million (+65%).