Market Share Expansion
Kuehne + Nagel significantly expanded its global market share in Air Logistics and the SME segment in Sea Logistics despite challenging market conditions.
Improved Free Cash Flow Conversion
Free cash flow conversion improved to 105% in Q3, the first time it exceeded 100% since Q3 2022.
Contract Logistics Performance
Contract Logistics produced an EBIT of CHF 62 million in Q3, reflecting a 9% year-over-year EBIT growth or 12% excluding currency effects.