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 2024 Kuehne und Nagel International AG Earnings Call Transcript

Oct 23, 2024 / 12:00PM GMT
Release Date Price: €45.6 (-1.30%)
Operator

Ladies and gentlemen, welcome to the nine-months 2024 results conference call and live webcast. I'm Sandra, the Chorus Call operator. (Operator Instructions) 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 Stefan Paul, CEO of Kuehne + Nagel. Please go ahead, sir.

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

Thank you very much, Sandra. Good afternoon, and welcome to the presentation of Kuehne + Nagel's nine months 2024 financial results. I'm CEO, Stefan Paul; and I'm joined by our CFO, Markus Blanka-Graff.

Before I go into the details, please apologize my voice. I catched a little bit of a cold. I will speak a bit slower in order to ensure that everybody will understand what I'm going to say.

Let's move to the nine months results, the overview. In Q3, Kuehne + Nagel achieved a sequential improvement in group EBIT and the first year-over-year quarterly

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