Kuehne + Nagel International AG

KNIN: XSWX (CHE)
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Kuehne+Nagel Earnings: Resilient Volumes but Macro Uncertainty Pressures Margins

Kuehne+Nagel reported mixed second-quarter results, as volume growth in sea and air logistics did not translate into EBIT gains amid adverse currency effects. Management adjusted its recurring EBIT guidance to reflect foreign-exchange headwinds, while confirming its underlying business assumptions.

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