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

KUEHNE + NAGEL INTERNATIONAL AG

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Kuehne + Nagel International : +Nagel invests in global vaccine distribution network

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09/10/2020 | 01:55am EDT
Schindellegi, CH,
10
September
2020
|
06:45
Europe/Berlin
Kuehne+Nagel Air Logistics
Kuehne+Nagel invests in global vaccine distribution network
  • Newly opened Brussels and Johannesburg airside hubs with direct tarmac access crucial for speed and product integrity
  • Enhancing Kuehne+Nagel's pharma & healthcare network encompassing more than 230 operations worldwide

With the opening of airside pharma & healthcare hubs in Brussels, Belgium, and Johannesburg, South Africa, Kuehne+Nagel adds two strategic elements to its global GxP-certified network of temperature-controlled facilities for the distribution of vaccines and other pharma & healthcare products.

As many of the temperature-sensitive products have very low to nostability outside of their stated temperature ranges,direct tarmac access at Kuehne+Nagel airside facilities even further minimises the risk oftemperature excursionsand ensures product integrity during the logistics journey.The new premises havededicated areas for all ranges oftemperature-sensitive products:°C, +2°to +8°C and +15°to +25°C. In addition, these facilities have the ability to change or add dry ice as required for deep frozen shipment where temperatures need to be maintained below -60°C.

In Brussels, the new Air Logistics hub is located in the center of Brucargo at the confinements of Brussels airport, the first airport in the world with an IATA CEIV pharma certification. The new Kuehne+Nagel facility consists of 15,546 sqm of warehousing space and is fully connected to the recently extended Geel Contract Logistics pharma warehousing facility, as well as the pan-European KN PharmaChain Road Logistics Network managed from Luxembourg.

In Johannesburg, the expanded KN PharmaChain airside facility at theinternational airportanswers alltemperature-sensitive cargo handling, consolidation and storage requirements and offersa number of value-added logistics services before distribution in South Africa or into Africa.Additionally, the new facilityprovides a unique temperature-controlled plane side solution through the use of state-of-the-art KN PharmaChain cool dollies. Built to accommodate both lower deck and main deck pallet sizes, the cool dollies protect the integrity of the cargo from the aircraft directly into the airside facility's GxP coolers.

Yngve Ruud, Member of the Management Board of Kuehne+Nagel, responsible for Air Logistics, comments: 'Today,new pharma & healthcare products tend to be more valuable, more temperature-sensitive and have additional requirements for storage and transportation conditions. Such capabilities and facilities are not easily available globally.The new hubs in Brussels and Johannesburg will ensure that our pharma & healthcare customers can fully rely on Kuehne+Nagel to handle the specific challenges of integrity as well as provide end-to-end visibility and regulatory compliance along the logistics journey of their sensitive products. So, they can focus on the health and well-being of their patients; because this is what matters the most.'

Kuehne+Nagel's quality-driven approach continues to set the industry benchmark for pharma and healthcare logistics. The company currently has over 230 GxP-certified operations worldwide - included in the pharma & healthcare network are additional hubs offering solutions for temperature-controlled needs; they are located in the US, the UK, Denmark, Spain, Luxembourg, Italy, France, Singapore, India, Panama, the UAE and Australia.

Learn more about our services at → knpharmachain.com

  • KN PharmaChain with more than 230 locations worldwide
    IATA CEIV certified network
  • KN PharmaChain Brucargo, Brussels Airport
    At the opening of the facility on September 9, 2020; from left to right: Harsha Ranasinghe, Sales & Marketing Director Kuehne+Nagel BeLux / Tobias Jerschke, Managing Director Kuehne+Nagel BeLux / Geert Torfs, Air Logistics Director Kuehne+Nagel BeLux
  • KN PharmaChain Cool Dollies at Johannesburg Airport
    Photo taken in Johannesburg, South Africa
  • KN PharmaChain with more than 230 locations worldwide
    IATA CEIV certified network
  • KN PharmaChain Brucargo, Brussels Airport
    At the opening of the facility on September 9, 2020; from left to right: Harsha Ranasinghe, Sales & Marketing Director Kuehne+Nagel BeLux / Tobias Jerschke, Managing Director Kuehne+Nagel BeLux / Geert Torfs, Air Logistics Director Kuehne+Nagel BeLux
  • KN PharmaChain Cool Dollies at Johannesburg Airport
    Photo taken in Johannesburg, South Africa
About Kuehne+Nagel

With over 80,000 employees at 1,400 locations in over 100 countries, the Kuehne+Nagel Group is one of the world's leading logistics companies. Its strong market position lies in Sea Logistics, Air Logistics, Road Logistics and Contract Logistics, with a clear focus on integrated logistics solutions.

Disclaimer

Kuehne + Nagel International AG published this content on 10 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2020 04:54:09 UTC


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Financials
Sales 2020 19 822 M 21 904 M 21 904 M
Net income 2020 798 M 882 M 882 M
Net Debt 2020 337 M 372 M 372 M
P/E ratio 2020 29,5x
Yield 2020 1,99%
Capitalization 22 533 M 24 873 M 24 899 M
EV / Sales 2020 1,15x
EV / Sales 2021 1,08x
Nbr of Employees 71 780
Free-Float 41,4%
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Mean consensus HOLD
Number of Analysts 17
Average target price 166,69 CHF
Last Close Price 188,10 CHF
Spread / Highest target 6,33%
Spread / Average Target -11,4%
Spread / Lowest Target -32,0%
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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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