Wednesday, June 19, 2024

Kuehne + Nagel profits rise 6% in 2016

Kuehne + Nagel’s profits rose by six per cent to 720 million Swiss francs ($715 million), helped by strong growth in the airfreight segment. Airfreight earnings before interest and tax was up from CHF265 million in 2015 to CHF298 million in 2016 despite revenue dipping from CHF5.5 billion to CHF5.4 billion. Airfreight tonnage increased 4.3 […]