Kuehne + Nagel Raises 2026 EBIT Guidance After Q3 Growth
Kühne + Nagel reported Q3 net turnover up 22%, with sea freight revenue up 20% on a currency-adjusted basis and air freight up 37%. It raised its 2026 EBIT guidance from the previous forecast.
Kühne + Nagel International AG reported strong third-quarter 2026 results, with net turnover up 22% to 7.39 billion CHF. Sea freight showed a recovery, with currency-adjusted revenue rising 20% and volume increasing 5%. Air freight climbed 37% on a currency-adjusted basis, supported by demand for cloud infrastructure and semiconductor logistics. The company lifted its full-year 2026 EBIT guidance to 1.5 to 1.6 billion CHF, from a previous forecast of 1.35 to 1.55 billion CHF.
Management said demand linked to the artificial intelligence boom continues to benefit the company, particularly the transport of complex components for data centers.