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Kuehne + Nagel International AG (0QMW.L)
LSE - LSE Delayed Price. Currency in CHF
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At close: 06:28PM BST
| Previous close | 239.63 |
| Open | 242.60 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 242.40 - 248.30 |
| 52-week range | 242.40 - 248.30 |
| Volume | |
| Avg. volume | N/A |
| Market cap | 292.082M |
| Beta (5Y monthly) | 0.95 |
| PE ratio (TTM) | 0.12 |
| EPS (TTM) | 20.74 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Kuehne + Nagel's quarterly earnings rise despite volatile supply chains
Net profit in the April-June period came in at 796 million Swiss francs ($827 million), up from 446 million a year ago, while operating profit (EBIT) landed 78% higher at 1.08 billion francs. The group said it was able to reschedule cargo delivered via air traffic after the closure of Russian airspace and the lockdown in Shanghai. As a big freight forwarding player that operates in many geographies and combines air and sea freight, Kuehne & Nagel benefits from the increasing market turmoil amid supply chain snags, airspace closure following Russia's invasion of Ukraine, and obstacles to sea shipments during China's recurring COVID-19 lockdowns.
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