Kuehne + Nagel conducts periodic polling of the sell-side equity research analysts with coverage
of Kuehne + Nagel shares. The following data represent the median estimates based upon our most
Profit before tax
Net Profit, equity holders
Free Cash Flow
*Each line item based on median estimate. Therefore Business Unit projections may not reconcile completely with group projections. 2019 EBIT and profit before tax include CHF 23m of estimated non-recurring disposal gains, all within Contract Logistics (in-line with reported CHF 23m for Q1-Q3:19). Net debt excluding capitalized IFRS 16 lease commitments.
Publication date: 12. February 2020
Median based upon contributions from the following brokers:
Baader Helvea, Bank of America Merrill Lynch, Barclays, Berenberg, Bernstein, Citi, Crédit Suisse, Deutsche Bank, Exane BNP Paribas, Jefferies, JP Morgan, Goldman Sachs, HSBC, Morgan Stanley, UBS, Vontobel, Zürcher Kantonalbank
The median consensus estimate is based on the underlying analyses, reports, recommendations, and assessments of those analysts cited as sources only, who cover KUEHNE + NAGEL, but never KUEHNE + NAGEL own analyses. It is provided for informational purposes and from an outside third party perspective only. In determining and providing the median consensus estimate, KUEHNE + NAGEL does not itself perform any financial analysis containing either a direct or indirect investment recommendation and does not imply its endorsement of or concurrence with such information. The analysts' opinions, forecasts, estimates, and projections regarding the performance of KUEHNE + NAGEL merely reflect the opinions of these analysts and do not reflect the opinions, forecasts, estimates, and projections of KUEHNE + NAGEL. KUEHNE + NAGEL hereby expressly declares that it does not endorse the recommendations, opinions, and conclusions of analysts, nor does it support nor confirm them. The information provided on this web page does not constitute an invitation to buy, hold, or sell securities, any other investment recommendation, or any offer or advertisement for securities. KUEHNE + NAGEL does not assume any liability for the specific information presented, its quality, or that such information is accurate, complete, up-to-date or revised. KUEHNE + NAGEL is not liable for any loss or damage suffered by third parties as a result of information contained on this web page. Please note that various known and unknown risks, uncertainties and other factors could lead to material differences between KUEHNE + NAGEL's actual future results, financial situation, development or performance, and the estimates provided with the median Consensus.