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20 June 2019 The on-line newspaper devoted to the world of transports 07:43 GMT+2

February 27, 2019

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Original news
Kuehne + Nagel has closed 2018 with a profit clearly of million franchi Swiss ones (+4.3%)

In the solo fourth trimester the volume of marine shipments is increased of +4.6%, while the air shipments are dropped of -1,6%

In the 2018 volume total of marine shipments pairs to 4,69 million container realized by the logistic group Helvetic Kuehne + Nagel have been teu, with an increment of +7.7% on the year precedence, while the air shipments enlivened by the company have totaled 1,74 million tons of cargos (+11.0%).

In the solo fourth trimester of 2018 marine shipments they are piled to 1,17 million teu, in increase of +4.6% on the period October-December of 2017, while the air shipments have attested to 441 thousand tons (- 1.6%).

In entire the 2018 revenues of the logistic group they have turned out Swiss pairs to 24,82 billion franchi (21,8 billion euros), with a progression of +11.7% on the exercise anniversary precedence. The single segment of marine shipments has generated revenues Swiss pairs to 9,37 billion franchi (+6.4%), that of Swiss air shipments to 5,62 billion franchi (+18.1%), while the shipments via earth have produced to revenues Swiss pairs to 4,01 billion franchi (+19.5%). The group EBITDA has been of 1,21 billion franchi Swiss (+5.1%), with a contribution of 441 million from the air shipments (+0.9%), 380 million from air shipments (+14.1%) and 118 million from terrestrial shipments (+28.3%). Last year Kuehne + Nagel has recorded a Swiss EBIT of 987 million franchi (+5.3%), of which 418 million produced from marine shipments (+1.0%), 335 million from air shipments (+13.4%) and 76 million from terrestrial shipments (+55.1%). The Helvetic group has closed 2018 with a profit clearly of million franchi Swiss ones (+4.3%).

In the solo last trimester last year, period in which a deterioration of the performances has happened, the revenues of the group are piled to 6,54 billion franchi Swiss, with a rise of +8.7% on the same period of 2017, of which 2,50 billion generated from marine shipments (+10.6%), 1,48 billion from air shipments (+7.5%) and 1,03 billion from terrestrial shipments (+12.8%). In the fourth trimester of the 2018 group it has obtained an EBITDA of 303 million franchi Swiss (- 2.3%), a EBIT of 242 million franchi Swiss (- 4.0%) and a profit of 192 million franchi clearly Swiss (- 4.0%).

In the segment of marine shipments the EBITDA of the fourth trimester of 2018 has turned out of 100 million franchi Swiss (- 11.5%) and the EBIT of 94 million franchi Swiss (- 11.3%). Swiss the air shipments have produced an EBITDA of 56 million franchi (- 39.8%) and an operating profit of 84 million franchi Swiss (- 2.3%). In the section of shipments via earth the EBITDA has been of 30 million franchi Swiss (the Swiss +20.0%) and EBIT of 19 million franchi (+46.2%).

ABB Marine Solutions Evergreen Line Vincenzo Miele

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