Kuehne + Nagel International AG

KNIN: XSWX (CHE)
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Kuehne+Nagel Earnings: Strong Air Performance Drives Guidance Improvements

Revenue and EBIT rose by 11% and 17%, respectively, at constant currencies. Air logistics was the main driver, expanding profits by 35%. Management raised EBIT guidance to CHF 1.35 billion–1.55 billion from CHF 1.25 billion-CHF 1.40 billion.

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