The Kuehne+Nagel Group achieved solid operational performance in the first half of 2025, despite a wide range of external challenges. Net turnover increased by 8% year-over-year to CHF 12.5 billion, or by 12% when adjusted for foreign exchange effects. EBIT totalled CHF 744 million, and earnings was CHF 555 million. Volumes increased significantly, particularly in Air Logistics.
Net turnover in the business unit Air Logistics increased by 8% year-on-year in the first half of 2025 to CHF 3.6 billion. EBIT increased at a faster pace rising by 10% to CHF 230 million. The conversion rate was 26%. In the first half of 2025, air freight volumes increased by 7% year-over-year to 1.1 million tonnes.
The Air Logistics business unit achieved particularly strong growth in the segments of perishables, semiconductors and cloud infrastructure (hyper scalers), a promising field that Kuehne+Nagel is actively pursuing, said a release.