The Kuehne + Nagel Group once again reports a considerable improvement to its results in the 2019 business class . Net turnover increased by 1.5 % to CHF 21.1 billion and gross net income also increased by 3.5 % to CHF 8.0 billion against the previous year . EBIT was up 7.5 % at CHF 1.1 billion , transcend the billion - CHF mark for the first time . pay for the twelvemonth were up 3.6 % at CHF 800 million .
SeafreightNet upset was up 4.6 % at CHF 7.5 billion and egregious profit was up by 3.8 % at CHF 1.5 billion . The business unit again achieved increase in a stagnate market . A amount of 4.9 million standard containers ( TEU ) were shipped , 171,000 TEU more than last twelvemonth ( up 3.6 % ) .
Eb increased by 9.1 % to CHF 456 million against the former yr . The clientele whole fix the transition rate ( EBIT to everlasting profit proportion ) to 29.6 % .
AirfreightIn the 2019 business year , the drastic drop in need for airfreight , specially in key European industry and the perishables concern , drive a decline in net turnover to CHF 4.7 billion . Airfreight book at Kuehne + Nagel fell 5.7 % against the previous year to 1.6 million tonnes .
Gross profit was up 9.6 % at CHF 1.3 billion whereas Eb was down against the premature year at CHF 329 million .
OverlandIn the 2019 occupation twelvemonth , net turnover for overland develop 1.7 % against the previous class at CHF 3.6 billion and gross net increased by 3.0 % to CHF 1.1 billion .
The line of work unit added to the European connection with the acquirement of Joebstl in Austria as well as Rotra , a route transport provider in the Belgium and the Netherlands . Business with large - musical scale customer continued to beat back growth in North America , whilst the intermodal business weakened because of a falling oil price . The line of work whole expanded its presence in South East Asia with the launching of a new digital booking platform . EBIT ameliorate by 2.6 % to CHF 78 million .
Contract logisticsIn the 2019 business yr , net turnover in declaration logistics was up 2.8 % versus the previous twelvemonth at CHF 5.4 billion ; the restructuring of the Cartesian product and customer portfolio cede results . The real estate portfolio was reviewed and adapted accordingly . Operationally , productiveness addition and better servicing quality contribute to a sustainable betterment of results .
With the opening move of new distribution centres in Belgium , Germany and Luxembourg , the clientele unit of measurement focused on high - time value growth in pharma & healthcare as well as e - Department of Commerce fulfillment . The combination of restructuring and growth generated an Eb of CHF 198 million .
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