Kuehne + Nagel more than doubles operating profit in quarter characterized by large bottlenecks

Operating profit was more than doubled for logistics firm Kuehne + Nagel in Q1, in which pressure increased on the strained supply chains. Results improved significantly within sea freight despite lower volumes.
Photo: PR / Kuehne + Nagel
Photo: PR / Kuehne + Nagel

Major logistics company Kuehne + Nagel reports a ”strong first quarter” with considerable revenue growth and an operating profit that more than doubled. However, the company still sees a great pressure on the global supply chains, while the Ukraine war prompts uncertainty ”in a still tense market environment.”

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading