Kuehne+Nagel earnings increased in the third quarter, with profit attributable to the parent company’s equity holders reaching 307 million Swiss francs, up from 194 million francs a year earlier. The company also raised its full-year 2026 recurring EBIT outlook.
Key Takeaways
- Third-quarter earnings per share rose to 2.57 francs from 1.63 francs.
- EBIT increased 53% to 435 million francs, while net turnover grew 22%.
- Full-year 2026 recurring EBIT is now expected at 1.5–1.6 billion francs.
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Kuehne+Nagel earnings outpace turnover growth
Net turnover reached 7.4 billion Swiss francs in the third quarter, a 22% increase from the same period last year. EBIT grew faster, rising 53% to 435 million francs.
The increase in profit attributable to equity holders was reflected in earnings per share of 2.57 francs, compared with 1.63 francs in the prior-year quarter. CEO Stefan Paul said all business units contributed to the performance.
Higher annual outlook and partnership plans
Kuehne+Nagel now forecasts recurring EBIT of 1.5 billion to 1.6 billion Swiss francs for 2026.
Paul also pointed to the announced long-term partnership with Amazon and AWS, saying it would help the company pursue future growth opportunities more quickly and effectively.
Kuehne+Nagel shares last closed at 229.80 francs on the SIX Swiss Exchange. That figure was a closing price, rather than a reported market reaction to the results.
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