Dr. Detlef Trefzger , chief operating officer of Kuehne + Nagel International AG , on the Group ’s one-year answer : “ 2018 was another successful year for Kuehne + Nagel . Despite the market weakening at the ending of the year , we succeed in increasing our net turnover , gross profit and EBIT once again . The consistent implementation of our clientele scheme was decisive for this succeeder . By introducing extra digital platform , with new extremely specialised solutions and targeted acquisitions , we reached important milestones last year and will continue to engage our journeying . Even though the ontogenesis momentum of the global economy slowed down at the closing of 2018 , we confirm our destination for the yr beforehand . In 2019 , we aim at growing twice as tight as the market and meliorate our solution further , complement with select acquisitions to our portfolio . ”Development of business enterprise units
SeafreightWith a 7.7 percentage growth in volume , Kuehne + Nagel gained again market plowshare in seafreight . The party handled 4.7 million standard container ( TEU ) last class , representing an increase of around 335,000 TEU . important new business was won with KN ESP , a new digital supplier management system for fundamental accounts introduced in other 2018 . The troupe also launch another unexampled digital political program – Sea Explorer – to ply customers with elaborated comparisons for carrier avail . impregnable growing was recorded in the Asia - Europe trade and in US imports , particularly from Asia . In addition , intra - Asiatic craft lanes grew again last year . With three alliances and seven carriers in the grocery store , the supplying of capacity impacted tolerance which varied substantially , depending on neighborhood , trade lane and product . While the margins in European exportation were under considerable insistency , those in Asia - Europe trade were grow . In this setting , Kuehne + Nagel ’s seafreight business achieved a solid EBIT that spring up by 1.0 pct compare to the previous class . The spiritual rebirth pace ( Eb - to - complete - profit ratio ) was sustain at an industry - lead in high spirits level of 28.2 percentage .
AirfreightAirfreight continue its development in 2018 . Kuehne + Nagel increased its tunnage by 11.0 percent to 1.7 million tons , thereby reach importantly higher ontogeny than the overall market . manufacture - specific solutions for the pharma & healthcare and airmanship industries play an important function in this increment . Kuehne + Nagel pursues an participating M&A scheme and win Quick International Courier , a party in a high emergence marketplace that is one of the global leaders in time - vital transportation and logistics solvent . Due to this strong emergence in volume , consistent monetary value control condition and further productivity profit , exabit grew by 13.4 percent in airfreight . At 29.5 percent , the conversion rate was once again at a high level for the manufacture .
OverlandKuehne + Nagel ’s results in overland continued in 2018 , with the company achieving important step-up in net turnover , gross net profit and EBIT . Net turnover grow by 13.1 percent and gross profit by 14.3 percent . EBIT improved by 55.1 percentage compared with the previous year . Business in European groupage and less - than - truckload shipments were the primary growth machine driver , as well as intermodal shipments and transportation management for major customers in North America . diligence - specific solvent for customer from the pharma & healthcare industry play a key role in this succeeder . Kuehne + Nagel go on to inflate on its digital competence and aims at systematically increasing the number of automate shipments to further enhance efficiency .
contract bridge logisticsIn declaration logistics , Kuehne + Nagel increase net turnover by 9.0 percent and glaring profit by 8.8 percent . The caller raise importantly in the USA and Asia . Growth rate of more than 40 percentage were achieved in Es - commerce fulfillment . The Eb remained below last year ’s form , down by 14.3 pct , due to the critical review of the project portfolio and investment for a new worldwide storage warehouse management system , used for the operational controller of the Group ’s world-wide fulfilment centers . Two acquisition strengthened the party ’s position as a direct international logistics supplier for China ’s self-propelling industry and expanded its e - Commerce Department offering in Indonesia . Kuehne + Nagel managed 11.6 million square metre of warehouse and logistics quad for its customer .
Net turnoverThe Kuehne + Nagel Group achieve a net overturn of CHF 20,774 million in 2018 , an addition of 11.7 per centum equate to the previous year . This increment comes from the growth in bulk in all business concern units . last turnover increase by 17.0 percent in the Americas ( North , Central and South America ) , by 13.5 percent in Asia - Pacific and by 9.3 percent in EMEA ( Europe , Near / Middle East , Central Asia and Africa ) .
flagrant profitGross profit , the skillful performance index number for a logistics ship’s company than turnover , was at CHF 7,709 million , 9.8 percent higher than in the previous year . crude earnings meliorate by 14.1 percent in Asia - Pacific , by 13.6 percent in the Americas and by 8.1 percent in EMEA .
EBITDAEarnings before interest , taxation , depreciation , amortization and impairment of prop , plant and equipment , grace and other intangible assets ( Earnings Before Interest Taxes Depreciation and Amortization ) increase by 5.1 percent to CHF 1,209 million compared to the previous year . EMEA generated the largest Earnings Before Interest Taxes Depreciation and Amortization part with CHF 693 million ( 57.3 percent ) , followed by the Americas with CHF 263 million ( 21.8 percent ) and Asia - Pacific with CHF 253 million ( 20.9 pct ) .
EBITIn 2018 , earnings before interest and taxation ( EBIT ) meliorate by 5.3 percent to CHF 987 million . The Group ’s Eb perimeter was at 4.8 pct . EMEA contributed CHF 545 million ( 55.2 percent ) to the Group ’s Eb , play along by Asia - Pacific with a contribution of CHF 232 million ( 23.5 percent ) and the Americas with CHF 210 million ( 21.3 percent ) .
DividendThe Board of Directors will propose a dividend per contribution of CHF 6.00 ( previous year : CHF 5.75 ) to the Annual General Meeting on May 7 , 2019 .
Dr. Jörg Wolle , Chairman of the Board of Directors of Kuehne + Nagel International AG , says : “ The Kuehne + Nagel Group ’s yearly result demonstrates once again the company ’s performance . In 2018 , we expanded our position as a globally contribute logistics supplier and further improved our result . This support the strategic focus of the Kuehne + Nagel Group . In this setting , the Board of Directors is looking with confidence to the 2019 financial year and in advance . In the medium and long term , the rudimentary , all - encompass transformation processes submit place in all area of the global economic system will persist in to present significant opportunities for Kuehne + Nagel going forrader . ”
For more information:2018 - one-year - report.kuehne - nagel.com
