Kuehne + Nagel International AG (CHIX:KNINz)
CHF 203.7 -3.2 (-1.55%) Market Cap: 24.14 Bil Enterprise Value: 25.51 Bil PE Ratio: 21.53 PB Ratio: 8.40 GF Score: 79/100
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Q3 2019 Kuehne und Nagel International AG Earnings Call Transcript

Oct 22, 2019 / 12:00PM GMT
Operator

Ladies and gentlemen, welcome to the Q3 2019 results conference call. I'm Andrzej, 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 Dr. Detlef Trefzger, CEO of Kuehne + Nagel. Please go ahead, sir.

Detlef A. Trefzger;Nagel International AG;Chairman of Management Board;CEO
Kuehne

+-&

Thanks, Andrzej. Good morning, good day, good afternoon and good evening to all of you, and welcome to the Kuehne + Nagel analyst conference call on the 9 months 2019 results.

We published our results this morning and also the analyst presentation earlier today. And as always, our CFO, Markus Blanka-Graff; and I will lead you through the presentation. And let's get started on Slide 3.

In the first 9 months of 2019, this year, our results greatly improved and especially in the last quarter. We closed the first 9 months

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