Thursday 16th Aug 2018 - Logistics Manager Magazine

Profits rise at Kuehne and Nagel

Profits rise at Kuehne and Nagel

First quarter profits have risen more than 15 per cent at Kuehne and Nagel to CHF 229.8 million while sales have grown 13.5 per cent to CHF 4,869.5 m.

The group said contract logistics was becoming a growth driver. In the first quarter, turnover grew organically by 19.9 per cent.