Kuehne + Nagel International AG Presents at Wolfe Research 6th Annual Global Transportation Conference, May-22-2013 02:15 PM. Venue: Fordham University School of Law at Lincoln Center, 140 West 62nd Street, New York, New York, United States. Speakers: John S. Hextall, President of North America Region.

Kuehne + Nagel International AG announced earnings results for the first quarter of 2013. The company consider the first quarter 2013 as a solid result in total, especially group performance of the airfreight and contract logistic activities. The volume growth seafreight with 2.3% year-on-year was on the lower side of guidance. EBITDA increased 43%. The results sees flat, breakeven in 2013, 9% EBIT loss. EPS, basic EPS last year CHF 0.56 roughly per share, this year CHF 1.11 per share. Operational cash flow, CHF 60 million better due to the booking of the provision of the payment provision. The cash flow represents CHF 156 million. Operational cash, last year, CHF 156 million; this year, CHF 233 million, which represents in a way, the EBITDA, with change in working capital versus last year is stable. CapEx in line with last year with CHF 32 million for the first quarter of 2013. The company expects 2013 full year Capex approximate CHF 175 million.

Kuehne + Nagel International AG, Q1 2013 Earnings Call, Apr 15, 2013