Q1 2019 Kuehne und Nagel International AG Earnings Call Transcript

Feb 14, 2024

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Apr 25, 2019 / 12:00PM GMT
Operator

Ladies and gentlemen, welcome to the Q1 2019 Results Conference Call. I'm Andreas, the Chorus Call operator. 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 Dr. Detlef Trefzger, CEO of Kuehne + Nagel. Please go ahead, sir

Detlef A. Trefzger - Kuehne+Nagel International AG-Chairman of Management Board&CEO

Thanks, Andreas. Good morning, good day, good afternoon, and good evening to all of you, and welcome to the Kuehne + Nagel analyst conference on the first quarter 2019 results. Markus Blanka-Graff, our CFO, and I welcome you from beautiful Switzerland. We have published our analyst presentation earlier this morning, and as always, we start on Slide 3.

Kuehne + Nagel continues to grow, and we got off to a good start in 2019 with group earnings stable at CHF 181 million in quarter 1; a strong EBIT improvement in Seafreight to CHF 112 million, which amounts to an increase

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