• Unabated demand for high-quality transport services in Sea and Air Logistics • High capacity utilisation in Road Logistics networks and in Contract Logistics • War in Ukraine increases uncertainty in a still tense market environment / Schindellegi / CH,April 26, 2022 – Kuehne+Nagel's start to the 2022 business year was marked by a continued strong demand for high-quality transport services. The Group was able to improve all key figures compared to the same period last year: Net turnover increased by 68% to CHF 10.2 billion, EBIT by 160% to CHF 1.1 billion, earnings by 162% to CHF 832 million and free cash flow by almost CHF 1.0 billion. The Group's conversion rate, which reflects EBIT as a percentage of the Group’s gross profit, reached 38.1%. (....)