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Kuehne+Nagel raises profit outlook after strong start to the year

#International News#Switzerland
Last Updated : 29th Apr, 2026
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Synopsis

Kuehne+Nagel, the Swiss logistics company, has revised its operating profit outlook slightly upward after reporting a strong start to the year across air freight, road transport, and contract logistics operations. The company attributed the improvement to continued cost discipline and stable performance across its global network. It now expects recurring earnings before interest and taxes to be between 1.25 billion and 1.40 billion Swiss francs, compared with its earlier projection that started at 1.2 billion Swiss francs. This update comes after it reported an EBIT of 1.24 billion Swiss francs in the previous year, reflecting steady operational resilience in a competitive logistics environment.

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Swiss logistics group Kuehne+Nagel has slightly raised the lower end of its operating profit guidance following a strong performance in the early part of the year. The company noted that momentum has been supported by disciplined cost management and stable demand across its air freight, road logistics, and contract logistics segments.


The company operates in more than 100 countries and continues to maintain a broad global network that supports its freight forwarding and supply chain services.

It now expects recurring earnings before interest and taxes to fall in the range of 1.25 billion to 1.40 billion Swiss francs (USD 1.59 billion to USD 1.78 billion). This is an improvement from its earlier guidance, which had set the lower end at 1.2 billion Swiss francs while keeping the upper end unchanged.

In comparison, the company reported an EBIT of 1.24 billion Swiss francs in the previous year, indicating relatively stable performance despite varying conditions in global trade and freight markets.

Source Reuters
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