Market share gains in Sea and Contract Logistics
Air Logistics volumes decline with market
Focus on yield management and balanced growth
Cost control efforts take hold in second quarter 2023
Kuehne+Nagel Group
CHF m
H1 2023
H1 2022
Δ
Q2 2023
Q2 2022
Δ
Net turnover
12,721
20,631
-38%
5,973
10,473
-43%
Gross profit
4,649
5,898
-21%
2,255
2,956
-24%
EBITDA
1,518
2,580
-41%
715
1,274
-44%
EBIT
1,135
2,195
-48%
523
1,075
-51%
Earnings
860
1,628
-47%
398
796
-50%
Schindellegi / CH, July 25, 2023 – The Kuehne+Nagel Group achieved solid results in a challenging market environment in the first half of 2023. The pandemic-related special economic situation in 2021 and 2022 continued to …
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