Kuehne + Nagel International AG (XSWX:KNIN)
CHF 209.4 0.8 (0.38%) Market Cap: 24.78 Bil Enterprise Value: 26.15 Bil PE Ratio: 21.75 PB Ratio: 8.47 GF Score: 88/100

Q1 2023 Kuehne und Nagel International AG Earnings Call Transcript

Apr 25, 2023 / 12:00PM GMT
Release Date Price: CHF260.4 (-3.45%)
Operator

Ladies and gentlemen, welcome to the Kuehne+Nagel Q1 2023 Results Conference Call and Live Webcast. I am Sandra, the Chorus Call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Stefan Paul, CEO of Kuehne+Nagel. Please go ahead, sir.

Stefan Paul;Nagel International AG;CEO;Member of Management Board
Kuehne

+-&

Thank you very much. Good afternoon, everyone, and welcome to the presentation of our first quarter 2023 financial results. I'm Stefan Paul, CEO of Kuehne+Nagel and I'm joined here in Schindellegi by my colleague and Group CFO, Markus Blanka-Graff. Together, we are happy to present our most recent financial results and to address your questions. Let's go into the first quarter results and the highlights. The results for the first quarter 2023 mark a solid start of the year. EBIT of CHF 612 million would have been the strongest Q1 ever if not

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