Net Earnings Up 46.2% at Kuhne + Nagel

Air freight volumes rose 3% in the first quarter of 2006 for Kuhne + Nagel while ocean freight volumes were up 20.1%. Ground operations in Europe also improved, in part due to acquisitions.

The Swiss logistics services company achieved a 41.7% increase in revenues. First-quarter revenues of CHF 4.29 billion ($3.37 billion) compared with CHF 3.02 billion ($2.37 billion) in the same period of 2005.

TAGS: Archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish