Independent journal on economy and transport policy
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Decided resumption of the financial results of the logistic group Kuehne + Nagel
Exercise 2010 has been archived item with a profit of 601 million franchi clearly Swiss (+28.7%). Agreement in order to buy British the RH FACTOR Freight
March 1, 2011
In the 2010 logistic group Helvetic Kuehne + Nagel has recorded a clean resumption of the financial results regarding the exercise precedence having totaled a profit clearly of 601 million franchi Swiss on a volume of transactions of 20.261 million franchi Swiss, with increments respective of 28.7% and 16.4% on 2009. The operating result (EBITDA) is piled to 1.004 million franchi Swiss (the Swiss +13.4%) and EBIT to 765 million franchi (+28.8%).
Kuehne + Nagel has evidenced as last year China has been once again the pulling ahead engine of the economic increase. "In the first half of 2010 - he has explained the group - not there was still some certainty of a supported world-wide economic resumption because of lasting of the recession in the United States, of the risks of the credit in some nations of southern Europe and the volatility of international the financial markets. The emergent Countries, in particular China, have contributed remarkablly to the increase of the world-wide commerce that closely is correlated with international the logistic activity. While the economy in Asia is progressed considerably, in other regions it has been assisted to a divergence in the gross internal product development".
Kuehne + Nagel has announced to have last year enlivened a marine shipment cargo advanced of 16% about in terms of containerized volume regarding 2009 and that the section has recorded an increment of 17.3% of the operating result.
Still more emphasized (+47.2%) it has been the increase of the generated operating result from shipments for aerial way, section in which is transported almost a million tons (+25% on 2009).
In the field of the street and railway logistics an increment of 16% of the turnover is totaled clearly, but the operating result is diminished of 17.3% also to cause - it has explained the group - of investments carried out in France. The division of Contract Logistics has recorded an increase of 3% of the question and an increase of 5% of the turnover clearly.
Kuehne + Nagel considers that the perspectives for this year are favorable also permanendo the possibility of an arrest of the resumption determined from factors which the monetary risks and the prices of the raw materials. "In 2011 - the managing director Reinhard Lange has said - once again our objective it is that to better-than-average obtain a profitable increase of market in marine and aerial shipments. Also in the contract logistics we also have as objective a higher than average increase of market maintaining margins stable. A combination of organic increase and strategic acquisitions will allow an ulterior progress in the field of the European transports via earth. Moreover the performance of the strategy will be centralized on the expansion of the regional activities, in particular in China, India, Brazil and Colombia and on the widening of the solutions made-to-measure for specific industries".
Sul forehead of the acquisitions for the extension of the European net overland, the group has announced today to have reached an agreement in order to buy the shipment society Rennies Investment Ltd. (RH FACTOR Freight), that it has center to Nottingham and work services groupage between continental Europe and the United Kingdom. The company has 630 dependent distributed in 17 resorts in the United Kingdom and two resort in Finland. Last year RH FACTOR Freight has managed 425,000 shipments.
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