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Investing.com -- Swiss logistics giant Kuehne+Nagel International AG on Thursday reported second-quarter revenue of CHF 6,149 million and gross profit of CHF 2,187 million.
The company posted an EBITDA of CHF 566 million and EBIT of CHF 342 million for the quarter. Kuehne+Nagel also highlighted a significant increase in free cash flow, which reached CHF 295 million in the first half of 2025.
Profits in the first half of 2025 were affected by negative currency effects of 3%, equivalent to CHF 24 million.
Additionally, the company recorded one-off expenses of CHF 16 million in its Contract Logistics segment during the second quarter.
Despite these challenges, Kuehne+Nagel maintained that its underlying earnings assessments and expectations for 2025 remain unchanged.
However, due to currency headwinds, the company has adjusted its forecast for recurring EBIT to between CHF 1.45 billion and CHF 1.65 billion.
The company’s Sea Logistics business unit performed strongly, with net turnover rising by 16% year-over-year in the first half of 2025 to CHF 4.7 billion.
Air Logistics also saw growth, with net turnover increasing by 8% year-on-year to CHF 3.6 billion during the same period.
Road Logistics reported a net turnover of CHF 1.8 billion in the first half of 2025, with an EBIT of CHF 47 million.
Meanwhile, Contract Logistics generated a net turnover of CHF 2.4 billion and an EBIT of CHF 99 million during the same period.
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