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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Brief: Kuehne+Nagel Now Expects Recurring Ebit For Full Year 2026 In Range Of Chf 1.5 To 1.6 Billion