Kuehne + Nagel International AG (CH:KNIN)
:KNIN
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Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.03Last Year’s EPS
2.02Same Quarter Last Year
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced results: the quarter shows clear operational progress — a recurring EBIT beat, cost‑reduction program running ahead of plan, a raised lower end of guidance, and strong performances in Road and Contract Logistics. However, the positive operational momentum is tempered by significant headwinds: a 17% year‑over‑year group EBIT decline, an ~7% FX headwind, elevated working capital intensity, weaker underlying free cash flow (ex one‑offs), and ongoing market uncertainty from the Middle East conflict and potential jet fuel/capacity constraints. On balance the company is executing on margin and cost initiatives that mitigate cyclical volume and FX pressures, but material risks remain.Company Guidance
Recurring EBIT Beat and Guidance Raise
Recurring EBIT of CHF 308 million in Q1 exceeded the prior guidance and management expectations; company modestly raised the lower end of full‑year recurring EBIT guidance to CHF 1.25 billion–CHF 1.4 billion (previously CHF 1.2bn–CHF 1.4bn). Q2 recurring EBIT is expected to exceed Q1.
Cost Reduction Program Ahead of Plan
Restructuring and cost reduction measures produced visible results in Q1. Management expects at least CHF 200 million annualized gross savings by year‑end 2026, with an estimated CHF 100 million+ impact in 2026 and indication they are already just past ~50% of the quarterly run‑rate toward the CHF 50m/quarter ambition (management cited roughly CHF 30m of incremental run‑rate progress).
Sea Logistics Profitability Recovery
Sea Logistics Q1 volumes down 2% year‑over‑year but unit profitability recovered: Q1 EBIT improved sequentially by 7% to CHF 113 million and EBIT per TEU rose ~13% quarter‑on‑quarter. Sea Logistics conversion rate was 25% (up from 23% in Q4).
Air Logistics Stability and Yield Improvement
Air Logistics volumes were flat year‑over‑year (with upper single‑digit growth excluding low‑yield perishables and Apex e‑commerce); average yields increased ~2% quarter‑on‑quarter and Air EBIT rose ~7% to CHF 111 million year‑over‑year (ex FX). Air conversion rate was 27% (vs 26% prior year).
Road Logistics Strong Growth
Road Logistics net turnover grew 9% year‑over‑year (5% organically, ex FX) and EBIT rose sharply to CHF 25 million in Q1, representing a 42% increase year‑over‑year (35% on an organic basis), driven by European demand recovery and service wins.
Contract Logistics Momentum
Contract Logistics recurring EBIT totaled CHF 59 million in Q1 (+4% year‑over‑year; +11% excluding currency headwinds). Net turnover grew ~5% ex FX; trailing 12‑month ROCE for Contract Logistics stable at ~25%. Over 30 new contracts are in implementation.
Positive Free Cash Flow and Strong One‑off Cash Support
Reported free cash flow was CHF 194 million in Q1, supported by CHF 105 million proceeds from a real‑estate sale & leaseback. Excluding that transaction, underlying free cash flow was CHF 89 million (seasonally weak quarter) and free cash flow conversion was 40% in Q1, consistent with seasonal patterns.
Kuehne + Nagel International AG (CH:KNIN) Earnings, Revenues Date & History
CH:KNIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CH:KNIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2026 | CHF194.35 | CHF186.00 | -4.30% |
Mar 03, 2026 | CHF182.00 | CHF182.80 | +0.44% |
Oct 23, 2025 | CHF155.30 | CHF156.00 | +0.45% |
Jul 24, 2025 | CHF173.25 | CHF169.75 | -2.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kuehne + Nagel International AG (CH:KNIN) report earnings?
Kuehne + Nagel International AG (CH:KNIN) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).
What is Kuehne + Nagel International AG (CH:KNIN) earnings time?
Kuehne + Nagel International AG (CH:KNIN) earnings time is at Jul 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of Kuehne + Nagel International AG stock?
The P/E ratio of Kuehne + Nagel International AG is N/A.
What is CH:KNIN EPS forecast?
CH:KNIN EPS forecast for the fiscal quarter 2026 (Q2) is 2.03.