Kuehne+Nagel drops on Q4 EBIT miss, postponed outlook statement

Dsv A/S

04/03/2025 08:48

** Shares in Kuehne+Nagel KNIN.S fall 6.6% after the Swiss logistics group posted Q4 EBIT below market expectations

** Q4 EBIT came in at 421 million Swiss francs  ($471.55 million), 2% below company-compiled consensus, with quarterly volumes in Sea logistics down 1% y-o-y

** The group says it will provide a financial outlook only on CMD scheduled for March 25

** "We continue to see the backdrop as challenging for EBIT growth in 2025 and 2026 and remain cautious," J.P. Morgan says

** Peer DSV DSV.CO down 2.2%

** Share on track for its worst day in one year, among top losers on Europe Stock 600 index .STOXX and at the bottom of the Swiss blue-chips index .SSMI

($1 = 0.8928 Swiss francs)

 (Reporting by Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))