In Q1 16, revenues declined 2.1% to CHF4.01bn. EBITDA however improved 11.2% to €259m and the EBITDA margin increased from 5.7% to 6.5%. EBIT also increased 14.2% to CHF217m. The EBIT margin increased from 4.6% to 5.4%. The two business divisions, Airfreight and Seafreight, contributed 79.1% to total revenues and 82.9% to total EBIT compared to 85.3% in Q1 15.
21 Apr 2016
Efficient cost management
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Efficient cost management
Kuehne & Nagel International AG (0QMW:LON) | 0 0 0.5% | Mkt Cap: 19,620m
- Published:
21 Apr 2016 -
Author:
Heinz Steffen -
Pages:
2
In Q1 16, revenues declined 2.1% to CHF4.01bn. EBITDA however improved 11.2% to €259m and the EBITDA margin increased from 5.7% to 6.5%. EBIT also increased 14.2% to CHF217m. The EBIT margin increased from 4.6% to 5.4%. The two business divisions, Airfreight and Seafreight, contributed 79.1% to total revenues and 82.9% to total EBIT compared to 85.3% in Q1 15.