Kuehne + Nagel International AG

Latest Results (31.08.2026):

Kuehne + Nagel International AG — Second quarter 2026: The Group reported a strong Q2 2026 with net turnover of CHF 6.6 billion (+8% YoY; +11% in constant currencies), EBIT of CHF 381 million (+11%; +17% cc) and earnings of CHF 276 million (+10%; +15% cc). Group conversion was 17%. Management raised full‑year recurring EBIT guidance to CHF 1.35–1.55 billion and highlighted accelerating AI rollout and continued efficiency measures.

Key group results

Q2 2026 net turnover CHF 6.6bn, EBIT CHF 381m, earnings CHF 276m; growth stronger on a constant‑currency basis and conversion rate at 17%.

Guidance

Full‑year 2026 recurring EBIT guidance raised to CHF 1.35–1.55 billion based on first‑half performance.

Air Logistics

Net turnover CHF 2.2bn (+20% YoY), EBIT CHF 154m (+35%), conversion 31%; performance driven by better customer mix, market‑share gains (notably in tech) and end‑to‑end solutions (e.g., cloud infrastructure shipments).

Sea Logistics

Net turnover CHF 2.2bn, EBIT CHF 140m, conversion 29% (up 4pp sequentially); volume H1 = 2.1m TEU. Gains on Asia→Europe/North America trades offset weaker European exports through cost discipline.

Road Logistics

Net turnover CHF 1.0bn (+14%), EBIT CHF 36m (+29%); market share increases across regions and positive contribution from customs brokerage. Søren Schmidt took over global Road Logistics on 1 May 2026.

Contract Logistics

Net turnover CHF 1.2bn (+2%), EBIT CHF 51m (+21%); secured significant tech sector warehousing with over 300,000 sqm dedicated to cloud providers in H1 2026.

Efficiency, AI and strategic investments

Group emphasised company‑wide efficiency improvements, accelerated deployment of AI (optimising operations and integrating AI agents) and opened a new IT centre in India to boost innovation and efficiency. Summarized from source with an LLMView Source