Kuehne+Nagel lifts 2026 outlook for third time on growth in air and sea logistics
Kuehne+Nagel lifts 2026 outlook for third time on growth in air and sea logistics Oct 22 (Reuters) - Kuehne+Nagel KNIN.S raised its 2026 operating profit guidance for the third time this year on Thursday, citing continued strength in its air logistics business and market share gains in sea logistics.
The freight forwarder, which operates in more than 100 countries, expects recurring earnings before interest and taxes of 1.5 billion to 1.6 billion Swiss francs ($1.8 billion to $2.0 billion) in 2026, up from the 1.35 billion to 1.55 billion franc range last raised in July.
Analysts polled by the company had forecast a median operating profit of 1.5 billion francs for the year.
($1 = 0.8226 Swiss francs)
(Reporting by Anastasiia Kozlova and Basile Day in Gdansk, editing by Milla Nissi-Prussak)
((Anastasiia.Kozlova@thomsonreuters.com; Basile.Day@thomsonreuters.com))
Recent news on Kuehne + Nagel International AG
See all newsKuehne+Nagel CEO expects most container lines back in Suez Canal by early Q2
Kuehne+Nagel lifts 2026 outlook as tech industry demand boosts air freight (updated)
Swiss stocks - Factors to watch on October 22
Kuehne+Nagel lifts 2026 outlook for third time on growth in air and sea logistics
Brief: Kuehne+Nagel Now Expects Recurring Ebit For Full Year 2026 In Range Of Chf 1.5 To 1.6 Billion