Half Year 2024 Kuehne und Nagel International AG Earnings Call Transcript

Jul 23, 2024

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Jul 23, 2024 / 12:00PM GMT
Operator

Ladies and gentlemen, welcome to the half year 2024 results conference call and live webcast. I am Sandra, the chorus call operator. (Operator Instructions) And 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 Mr. Stefan Paul, CEO of Kuehne und Nagel. Please go ahead, sir.

Stefan Paul - Kuehne und Nagel International AG - Chief Executive Officer, Member of the Management Board

Thank you very much, Sandra, and good afternoon and welcome to the presentation of Kuehne und Nagel half year 2024 financial results. I'm CEO, Stefan Paul and I'm once again joined by our CFO, Markus Blanka-Graff, sitting next to me. Let's go into the half year 2024 figures, page number 2.

Focusing on the most recent quarter, the Kuehne und Nagel group achieved a Q2 EBIT result of CHF402 million, which fulfilled our expectations to improve on the Q1 results of CHF376 million. The Q EBIT result was CHF419 million, excluding nonrecurring costs

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