Kuehne+Nagel reported a 5% rise in air logistics net turnover to CHF 7.3 billion in 2024, with freight handling increasing by 6% to 2.1 million tonnes, despite a 1.1% drop in freight rates. However, EBIT fell 14% to CHF 478 million. The group’s net turnover grew by 4% to CHF 24.8 billion, while earnings declined 16% to CHF 1.2 billion. The company is focusing on growth through acquisitions and has proposed a CHF 8.25 dividend per share. Kuehne+Nagel aims to continue its positive trajectory into 2025.

Source: https://www.stattimes.com/air-cargo/kuehnenagel-air-logistics-2024-revenue-up-5-1354632