Kuehne + Nagel International reported lower earnings in the second quarter despite higher revenues. The company expects a recurring EBIT between 1.45 billion Swiss francs and 1.65 billion francs for fiscal 2025, due to currency headwinds. In the second quarter, earnings dropped 15% to 252 million francs, with EBITDA down 7% to 566 million francs. However, net turnover grew 2% to 6.15 billion francs, 8% adjusted for foreign exchange effects. Visit rttnews.com for more earnings news and calendar updates.

Read more at Nasdaq: Kuehne+Nagel Q2 Profit Down, Revenues Rise; FY25 Underlying Earnings Outlook Unchanged