Kuehne + Nagel, a largest global logistics company posted a 2.34-percent first-quarter net income growth, at CHF131m (about $123.7 million). The company's turnover in the reporting period amounted to CHF4.604.000, up 7.29% from last year’s figures. EBITDA of Kuehne + Nagel in Q1, 2010 remained stable at CHF228 million, the company’s press release said.
Kuehne + Nagel has seen a 12% increase in overseas shipping market from the last year’s figures. The Company’s container trade rose by 17% in Q1,10.
Kuehne & Nagel is one of the world’s leading operators in the field of integrated logistics solutions. The company has 900 offices in more than 100 countries with 55.000 employees.