Kuehne+Nagel posts strong Q3 growth with earnings up 53%

Swiss freight forwarding and logistics group Kuehne+Nagel reported a strong third quarter 2026 with growth across all business units, posting a 53% growth in earnings to CHF316 million (US$383 million) from CHF206 million in the same quarter last year.

Net turnover increased by 22% year on year to CHF7.4 billion from CHF6.0 billion, while earnings before interest and taxes (EBIT) rose by 53% to CHF435 million from CHF285, the company announced.

It attributed the improvement to higher volumes, increased gross profit and an improved operational conversion rate. Air Logistics continued to deliver strong growth throughout the year, while Sea Logistics gained market share.

“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,” said Stefan Paul, CEO of Kuehne+Nagel International AG.

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