Kuehne + Nagel International AG (STU:KNIU)
€ 42.6 0.2 (0.47%) Market Cap: 25.20 Bil Enterprise Value: 26.68 Bil PE Ratio: 21.29 PB Ratio: 8.30 GF Score: 87/100

Q3 2020 Kuehne und Nagel International AG Earnings Call Transcript

Oct 20, 2020 / 12:00PM GMT
Release Date Price: €34.56 (+1.80%)
Operator

Ladies and gentlemen, welcome to the 9 Months 2020 Results Conference Call and live webcast. I am Sandra, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The content 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

+-&

Thank you, Sandra. Good morning, good day, good afternoon and good evening to all of you, and welcome to the Analyst conference on the 9 months 2020 results of Kuehne + Nagel International AG.

Our CFO, Markus Blanka, and I welcome you, as always, from sunny Switzerland.

We published our 9 months results and the respective slide deck early this morning, and we get started on Slide 3.

Kuehne + Nagel manages the crisis successfully, especially in quarter 3 and in September in quarter 3 we saw gradual

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