Kuehne + Nagel International AG (OTCPK:KHNGF)
$ 236.41 0 (0%) Market Cap: 28.29 Bil Enterprise Value: 29.86 Bil PE Ratio: 21.67 PB Ratio: 8.45 GF Score: 85/100
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Q1 2021 Kuehne und Nagel International AG Earnings Call Transcript

Apr 26, 2021 / 12:00PM GMT
Release Date Price: $316.28 (-1.72%)
Operator

Ladies and gentlemen, welcome to the Q1 2021 results conference call and live webcast. I am Alice, the Chorus Call operator. (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, Alice. Good morning, good day, good afternoon and good evening to all of you, and welcome to the analyst conference on the first quarter 2021 results of Kuehne + Nagel International AG. Our CFO, Markus Blanka, and I welcome you from sunny Switzerland. We published our first quarter 2021 results and the respective slide deck early this morning. And as always, let's get started on Slide 3.

We have seen a very strong demand for our transport and logistics services in the first quarter 2021, and thus have started the year strongly, with an increase of net turnover of 22.8%, with an

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