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KNIN — Kuehne + Nagel International AG News Story

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Kuehne+Nagel rises premarket after full-year guidance upgrade

BUZZ-Kuehne+Nagel rises premarket after full-year guidance upgrade

** Shares in Kuehne und Nagel KNIN.S seen up 6.7% in Swiss premarket after freight forwarder lifted its FY operating profit guidance

** The company now expects recurring EBIT of CHF 1.35-1.55 bln ($1.66-$1.91 bln) vs CHF 1.25-1.40 bln seen previously

** "Kühne+Nagel delivered a solid and encouraging quarterly performance," Vontobel says

** J.P.Morgan says it expects the stock to rise this morning


($1 = 0.8130 Swiss francs)


(Reporting by Amir Orusov and Anastasiia Kozlova)

((Amir.Orusov@thomsonreuters.com; Anastasiia.Kozlova@thomsonreuters.com))

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