Kuehne & Nagel shares rise as earnings jump, full-year guidance lifted

(AWP Alliance News) - Kuehne & Nagel International AG on Thursday reported a sharp rise in third-quarter earnings, supported by growth across all its businesses.

The Schindellegi, Switzerland-based logistics company said net profit jumped 53% to CHF316.0 million, around USD385.3 million, in the three months to September from CHF206.0 million a year earlier.

Net turnover rose 22% to CHF7.39 billion from CHF6.04 billion, while basic earnings per share surged 58% to CHF2.57 from CHF1.63.

Chief Executive Officer Stefan Paul said: "Kuehne & Nagel delivered strong third-quarter 2026 results, reflecting the resilience of our operations and validating our strategy of profitable growth. All business units contributed to this achievement."

The strongest branch was Air Logistics, which increased net turnover by 38% to CHF 2.40 billion in the period, while the Sea Logistics business made positive market share gains in Asia.

Encouraged by the results, Kuehne & Nagel now expects recurring earnings before interest and tax for the full year 2026 in the range of CHF1.5 billion to CHF1.6 billion. It previously expected Ebit between CHF1.35 billion and CHF1.55 billion.

Paul highlighted the company entered a long-term partnership with Amazon.com Inc and Amazon Web Services Inc in September as a positive growth accelerator for Kuehne & Nagel. The collaboration spans from construction and equipment deployment to maintenance and expansion projects.

Shares in Kuehne & Nagel rose 1.4% to CHF233.10 on Thursday morning in Zurich.

By Camilla Borri, Alliance News reporter

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