In This Article:
Kuehne + Nagel International (VTX:KNIN) Full Year 2023 Results
Key Financial Results
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Revenue: CHF23.8b (down 40% from FY 2022).
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Net income: CHF1.43b (down 46% from FY 2022).
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Profit margin: 6.0% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue.
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EPS: CHF12.06 (down from CHF22.15 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kuehne + Nagel International Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 2.0%.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to remain flat.
Performance of the market in Switzerland.
The company's shares are down 11% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Kuehne + Nagel International (2 can't be ignored!) that we have uncovered.
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