Kuehne+Nagel Earnings: Management Increased Guidance on Strong Air Growth
Kuehne + Nagel's third-quarter revenue and EBIT rose by 22% and 53%, respectively. Air logistics was the main driver, expanding profits by 84%. Management raised EBIT guidance to CHF 1.5 billion-CHF 1.6 billion from CHF 1.35 billion-CHF 1.55 billion.