News / K+N 'en route for success in 2018', with first-half revenue and profits up

Kuehne + Nagel has continued its strong start to 2018, announcing significant increases in revenue and volumes in its first-half figures.

Revenue and profit growth both hit double-digits, year on year, with net turnover for the six months to June of Sfr10.6bn (up 14.2%) and ebit of Sfr501m (up 10.8%).

Chief executive Detlef Trefzger said the numbers indicated that the company was “en route” for success in 2018, noting “strong volume growth” across all its divisions.

“This growth, combined with active cost management, delivered a ...