Kuehne + Nagel books lower operating profit than expected

The operating profit landed a good CHF 13 million (USD 13 million) below expectations in the first quarter for Kuehne + Nagel. In sea freight, the company saw an increase in revenue.

BY RITZAU FINANS

Swiss Kuehne + Nagel, competitor to major players such as Denmark's DSV, delivered results which were slightly below expectations in the first quarter.

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