Kuehne + Nagel International AG Company Profile
Kuehne + Nagel International AG
Transport
- Type
Public
- Headquarters
Switzerland
- Founded
1890
- Key Management
Mr.Joerg Wolle(Chairman)
- Revenue
~38,336.9(2021)
- Headcount
~78,087(2021)
- Website
Business Description
Kuehne + Nagel International AG (“Kuehne + Nagel” or “the company”) provides end-to-end logistic services including airfreight, sea freight, and contract logistics. It also offers integrated logistic services that are IT-based and can be used in various industries. It operates in more than 100 countries in the Americas, Asia-Pacific, and EMEA (European, Middle East, and Africa). There are four business segments that can be reported by the company: Sea Logistics (Air Logistics), Road Logistics, Contract Logistics, and Road Logistics.
The Sea Logistics segment offers sea freight services. This includes less-than-container loads (LCL), full containers, intra-Europe / shorter sea intermodal solutions integrations with carriers (INTTRA), flexible scheduling, and Blue Anchor Line Agents (BAL), online bookings, tracking, and tracking shipments, as well as customs clearance. This segment offers specific solutions to industries such as automotive, beverages logistics, forest logistics, and reefer/perishables logistics. August Kuehne, Friedrich Nagel founded the company in 1890. It is located in Schindellegi in Switzerland.
Key Financials
Revenue (US$ Mn):
- US$ 38,337 Mn was the annual revenue generated by Kuehne + Nagel International AG in 2021
- Kuehne + Nagel International AG’s annual revenue for 2020 was US$ 24,875 Mn, a 17.86% increase from 2019
- From 2018’s annual revenues, Kuehne + Nagel International AG registered a -4.71% decrease in 2019, amounting to US$ 21,105 Mn
- Total revenue of US$ 22,150 Mn was generated in 2018 by Kuehne + Nagel International AG
Operating Income (US$ Mn):
- Kuehne + Nagel International AG’s operating income for 2021 was US$ 3,076 Mn, a 183.43% increase from 2020
- The operating income generated by Kuehne + Nagel International AG in 2020 was US$ 1,085 Mn
- At a -3.76% decrease, Kuehne + Nagel International AG’s operating income of US$ 965 Mn was indexed in 2019
- Kuehne + Nagel International AG generated an operating income of US$ 1,002 Mn in 2018
Net Income (US$ Mn):
- Kuehne + Nagel International AG’s net income for 2021 was US$ 2,297 Mn, a 181.74% increase from 2020
- The net income generated by Kuehne + Nagel International AG in 2020 was US$ 815 Mn
- At a -2.75% decrease, Kuehne + Nagel International AG’s net income of US$ 798 Mn was indexed in 2019
- Kuehne + Nagel International AG generated a net income of US$ 821 Mn in 2018
Operating Margin %:
- 8% was the operating margin generated by Kuehne + Nagel International AG in 2021
- Kuehne + Nagel International AG’s operating margin for 2020 was 5%, a 10.87% increase from 2019
- From 2018’s operating margins, Kuehne + Nagel International AG registered a 2.22% increase in 2019, amounting to 5%
- An operating margin of 5% was generated in 2018 by Kuehne + Nagel International AG
Gross Margin %:
- Kuehne + Nagel International AG’s gross margin for 2021 was 6%, an 84.38% increase from 2020
- The gross margin generated by Kuehne + Nagel International AG in 2020 was 3%
- At a -13.51% decrease, Kuehne + Nagel International AG’s gross margin of 3% was indexed in 2019
- Kuehne + Nagel International AG generated a gross margin of 4% in 2018
SWOT Analysis
Strengths
Diversified operations
It is well-diversified in the markets it serves. It offers logistics services to almost all major industry sectors including automotive, FMCG, and high tech as well as industrials, oil and natural gas logistics, pharmaceutical, and healthcare. Through its four business segments, it offers a wide range of services. Sea freight offers less-than-container load (LCL), full container loads, intra-Europe / shorter sea intermodal solutions integrations with carriers (INTTRA), flexible scheduling, online booking, tracking, and tracing of shipments, and customs clearance services.
The contract logistic segment offers end-to-end solutions to various industries including high-tech and automotive, pharmaceuticals, aviation, e-commerce, healthcare, and consumer goods. Similarly, the airfreight segment’s services include KN FreshChain, a service for perishables; and KN PharmaChain, a specialized service for temperature-controlled pharma products; and KNEngineChain. An overland segment of the company offers groupage, full truckloads, less than truckloads, intermodal, transportation management, and specialized solutions. Kuehne + Nagel has also created a variety of revenue streams.
The company’s revenue in FY2020 was 37.7% from sea Logistics, 15.3% from contract logistics, 24.4% from air Logistics, and 15.3% from Road Logistics. The company’s diversified operations allow it to be a one-stop shop for customers, offering a variety of services including insurance and logistics. Diversified operations protect the company against unfavorable factors in certain markets and allow it to take advantage of opportunities across different industries.
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