First quarter growth for Kuehne + Nagel
Swiss transport and logistics group Kuehne + Nagel saw growth in the first quarter and doubled its bottom line, according to financial statement.
BY KATRINE GRØNVALD RAUN
The last three months brought growth for Swiss Kuehne + Nagel, a company that competes with, among others, Danish DSV. A new financial statement reports that the group almost doubled its bottom line, to CHF 134 million, up from CHF 68 million in the same period 2012. However, the result from last year was characterized by special items for a total of CHF 65 million, says the statement. Revenue went up to CHF 5.09 million, from CHF 4.83 million.
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