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18 August 2022 The on-line newspaper devoted to the world of transports 19:26 GMT+2



July 25, 2022

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Original news
In the second quarter the net sales of the logistics group Kuehne + Nagel grew by +45%

Net profit up by +79%

In the second quarter of this year the net sales of the Swiss logistics group Kuehne + Nagel increased by +45% having amounted to 10.47 billion Swiss francs (10.7 billion euros) compared to 7.24 billion Swiss francs in period April-June of 2021. The value is also growing strongly of the gross operating margin and operating profit, which were attested respectively to 1.27 billion (+62%) and 1.07 billion Swiss francs (+78%), as well as the increase in net profit which amounted to CHF 796 million (+79%).

In the segment of shipments by sea only, the group recorded net sales of CHF 5.01 billion (+76%), an EBITDA of 599 million (+96%) and an operating profit of 587 million of Swiss francs (+97%). In the second quarter of 2022 the volume of maritime shipments handled by the group amounted to 1.11 million teu containers (-3%).

In the air freight sector, net sales totalled 3.18 billion Swiss francs (+37%), the margin gross operating CHF 422 million (+64%) and EBIT CHF 401 million (+65%). The volume of air shipments handled was equal to 570 thousand tons (+3%).

In addition, in the sector of shipments by way will hold the group net sales of CHF 1.05 billion Swiss (+12%), EBITDA of 65 million (+41%) and EBIT of 50 million francs (+67%).

In the entire first half of 2022, net sales were state of 20.63 billion Swiss francs, with an increase of +55% on the first half of last year, of which 9.97 billion generated by maritime shipments (+88%), 6.32 billion by air shipments (+59%) and 2.03 billion from land shipments (+12%). Operating profit amounted to 2.19 billion Swiss francs (+112%), with a contribution of 1.23 billion from shipments maritime (+140%), 826 million from air shipments (+103%) and of 80 million from shipments by land (+48%). Net profit is state of 1.63 billion Swiss francs (+113%).




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