Freight forwarder Kuehne+Nagel's operating profit sinks amid worsening conditions

Kuehne + Nagel International AG

03/03/2026 05:50

March 3 (Reuters) - Swiss logistics group Kuehne und Nagel KNIN.S reported a 25% drop in its full-year operating profit on Tuesday, citing a deterioration of industry conditions due to the challenging global macroeconomic environment.

Its earnings before interest and taxes fell to 1.24 billion Swiss francs ($1.59 billion) in 2025, from 1.65 billion francs a year earlier, missing analysts' median forecast of 1.31 billion francs in a company-provided consensus.

($1 = 0.7807 Swiss francs)

(Reporting by Danny Callaghan, Marleen Kaesebier and Anastasiia Kozlova in Gdansk; editing by Milla Nissi-Prussak)

((Email: danny.callaghan@thomsonreuters.com))