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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Kuehne + Nagel International AG    KNIN   CH0025238863

KUEHNE + NAGEL INTERNATIONAL AG

(KNIN)
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Kuehne + Nagel International : + Nagel expands its pharma hub in Belgium

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10/16/2019 | 01:23am EST
16
October
2019
|
06:45
Europe/Berlin
Kuehne + Nagel BeLux
Kuehne + Nagel expands its pharma hub in Belgium
  • Enlarged Geel distribution centre located at the heart of one of Europe's strongest pharma clusters, Belgium

  • Standardised GxP solutions for the pharma & healthcare industry

  • Part of Kuehne + Nagel's KN PharmaChain network encompassing more than 220 operations worldwide

Geel / BE, October 16, 2019 - Kuehne + Nagel has inaugurated its enlarged pharma distribution centre in Geel, making it one of the largest within the global KN PharmaChain network.

By offering standardised, reliable and compliant end-to-end logistics solutions, the new facility plays an important role for Kuehne + Nagel's customers in search of pharma & healthcare supply chain solutions to support their own strategic growth plans.

The new facility offers multi-modal, temperature-controlled forwarding and warehousing services and is fully GxP compliant and certified. KN PharmaChain encompasses a global network of more than 220 operations, 600,000 m² of industry dedicated warehousing space and a team of specially-trained operators.

Tobias Jerschke, Managing Director of Kuehne + Nagel BeLux comments at the occasion of the opening ceremony: 'The enlarged pharma hub in Geel is an inherent part of our strategy to offer integrated logistics solutions to our customers, at the very centre of one of Europe's strongest pharma clusters. Leveraging our distribution network, we make sure that hospitals, pharmacies, doctors and patients are supplied in full and on time.'

The Geel hub is centrally located in close proximity to the Brussels and Liège airports and with fast connections to the other 15 main EuropeanKN PharmaChain locations. The facility covers a total area of 22,000 m² (plus another 10,000 m² of extension space) and has two cold chambers to handle varying temperature requirements.

In addition to the Geel pharma hub, Kuehne + Nagel is currently investing in a 15,000 m² airside pharma facility at the Brussels cargo airport (BruCargo), due to open in the second half of 2020.

Picture caption, from left to right: Robert Coyle, SVP Kuehne + Nagel Pharma & Healthcare, Hansjoerg Rodi, Regional Manager Kuehne + Nagel Europe, Dr. Detlef Trefzger, CEO Kuehne + Nagel, Tobias Jerschke, Managing Director Kuehne + Nagel BeLux, Gerry Bosmans, Director Contract Logistics Kuehne + Nagel BeLux

Image_CL_Geel_191016

Disclaimer

Kuehne + Nagel International AG published this content on 16 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 October 2019 05:22:07 UTC

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Financials (CHF)
Sales 2019 21 357 M
EBIT 2019 1 046 M
Net income 2019 793 M
Debt 2019 1 559 M
Yield 2019 3,70%
P/E ratio 2019 25,2x
P/E ratio 2020 23,6x
EV / Sales2019 1,00x
EV / Sales2020 0,97x
Capitalization 19 834 M
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Mean consensus HOLD
Number of Analysts 19
Average target price 149,85  CHF
Last Close Price 165,65  CHF
Spread / Highest target 20,7%
Spread / Average Target -9,54%
Spread / Lowest Target -27,6%
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Managers
NameTitle
Detlef A. Trefzger Chief Executive Officer
Jörg W. Wolle Chairman
Markus Blanka-Graff Chief Financial Officer
Martin Kolbe Chief Information Officer
Klaus-Michael Kuehne Honorary Chairman
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