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

KUEHNE + NAGEL INTERNATIONAL AG

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Kuehne und Nagel International : Vienna International Airport signs partnership agreement with Kuehne + Nagel on pharma freight handling

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07/04/2019 | 11:38am EST

'Quick and efficient cargo handling is a key success factor in international freight transport. Thanks to the new Pharma Handling Center, 23 countries can now be reached within a day and a half, and 15 countries can even be supplied within 24 hours of travel time via the Vienna pharma hub. We are delighted that Kuehne + Nagel relies on our flexibility and operational excellence', states Julian Jäger, member of the Management Board (COO) of Flughafen Wien AG.

Heiko Schuhmacher, Regional Airfreight Manager at Kuehne + Nagel: 'This partnership between Kuehne + Nagel and the Vienna International Airport will further enhance service levels for our customers from the pharma & healthcare industry in Austria and the neighbouring countries. By using Kuehne + Nagel's KN PharmaChain customers gain access to industry-specific, GxP compliant transport and logistics solutions with the same high-quality standards worldwide.'

Patrick Mair, National Airfreight Manager at Kuehne + Nagel Austria: 'All services such as packaging, storage, loading and unloading of temperature-controlled shipments can now be offered in an exclusive handling area. An additional benefit of the partnership is the fact that the facility is situated directly at the apron with very short tarmac distances to all aircraft positions. This enables a continuous cold chain for our shipments and seamless, temperature-controlled transportation to and from the aircraft, which was not previously available at Vienna International Airport.'

Das Vienna Pharma Handling Center was opened in December 2018. It is part of the Air Cargo Center and directly accessible from both, land and airside areas. The state-of-the-art facility provides two separate temperature-controlled areas: A 1,600 sqm CRT (Controlled Room Temperature) area for the handling of pharmaceuticals at 15 - 25°C und an additional 153 sqm for the storage, build-up and break down of 2° - 8°C shipments. The VPHC exclusively handles temperature-sensitive pharmaceutical products. Vienna Airport has invested about €1.8 million in the new Pharma Handling Centre.

More information on the Vienna Pharma Handling Center: www.viennaairport.com/pharmahandling.

Disclaimer

Kuehne + Nagel International AG published this content on 04 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2019 15:37:07 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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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%
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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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