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| Kuehne + Nagel reports record results for 2007 Swiss-based international logistics giant Kuehne + Nagel International AG said turnover increased by 15.3 per cent in 2007 to CHF 20,975 million. The operational result (EBITDA) improved by 18.3 per cent to CHF 1,012 million. Net earnings grew by 15.9 per cent to CHF 531 million. Gross profit improved by 14.5 per cent to CHF 6,014 million compared with the previous year. This increase was mainly achieved through organic growth; currency effects accounted for CHF 142 million and acquisitions for CHF 13 million. The considerable volume and productivity increases resulted in an operational result improvement of 18.3 per cent to CHF 1,012 million; organic growth accounted for 16.4 per cent and currency effects for 1.9 per cent. write your comments about the article :: © 2008 Construction News :: home page |