Thursday, April 25, 2019

Kuehne Nagel’s airfreight volumes decline 3.1 percent in first quarter

Kuehne   Nagel is leading supply chain management and freight forwarding solutions provider company Air Cargo

April 25, 2019: Kuehne Nagel saw EBITDA (earnings before interest, taxes, depreciation, and amortization) of the group increase by CHF 118 million and EBIT by CHF 3 million in the first quarter of 2019. Though the airfreight and contract logistics division did not perform well, the company recorded growth in net turnover and profits.

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