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Kuehne + Nagel International : +Nagel is named most visionary leader in Gartner’s 2022 Magic Quadrant for third-party logistics







Schindellegi, CH,

02

June

2022


Kuehne+Nagel Group


Kuehne+Nagel is named most visionary leader in Gartner’s 2022 Magic Quadrant for third-party logistics

  • Gartner praises Kuehne+Nagel’s vertical/industry strategy, its overall viability and market understanding
  • Leading position among 13 international logistics service providers assessed

For the second consecutive year in a row, Gartner’s 2022 Magic Quadrant recognises Kuehne+Nagel as a worldwide leader for third party logistics. This year, the Swiss Group even improved its strong position as the most visionary leader among the 13 international logistics service providers assessed. According to Gartner, in the past year, Kuehne+Nagel has become the world’s largest sea and air freight forwarder, measured by volumes managed.

Gartner praises Kuehne+Nagel for its highly developed vertical/industry strategy, highlighting the company’s deployment of subject matter experts that offer differentiated services to 13 individual industry segments.

Another strength is Kuehne+Nagel’s overall viability – particularly its considered and thoughtful approach to growth, whether through acquisition to address gaps or investment to drive innovation.

Gartner also highlighted Kuehne+Nagel’s market understanding. The logistics Group’s early investment in control towers and a continued pioneering approach to sustainable logistics are examples that support this assessment.

Reinhard Schullerus, Global Head of Sales at Kuehne+Nagel, comments: “The entire Kuehne+Nagel team is delighted that our hard work, innovation and dedication to delivering for our customers have once again been recognised this year by Gartner, and we’ll aim to keep it that way in the years to come.”

The research and advisory firm Gartner annually evaluates third-party logistics (3PL) service providers worldwide. The result is presented in the Magic Quadrant, measuring completeness of vision and ability to execute. Gartner defines a third-party logistics (3PL) provider as a commercial firm that provides one or more logistics functions on behalf of its customers on an outsourced basis for a fee.

About Kuehne+Nagel

About Kuehne+Nagel
With over 78,000 employees at almost 1,300 sites in over 100 countries, the Kuehne+Nagel Group is one of the world’s leading logistics providers. It operates in sea logistics, air logistics, road logistics and contract logistics, with a clear focus on integrated logistics solutions.

Disclaimer
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Disclaimer

Kuehne + Nagel International AG published this content on 02 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2022 16:01:00 UTC.

Publicnow 2022

All news about KUEHNE + NAGEL INTERNATIONAL AG

Analyst Recommendations on KUEHNE + NAGEL INTERNATIONAL AG

Sales 2022 37 214 M
38 579 M
38 579 M
Net income 2022 2 434 M
2 523 M
2 523 M
Net cash 2022 2 470 M
2 561 M
2 561 M
P/E ratio 2022 12,1x
Yield 2022 4,48%
Capitalization 29 734 M
30 825 M
30 825 M
EV / Sales 2022 0,73x
EV / Sales 2023 0,85x
Nbr of Employees 73 914
Free-Float 41,8%

Chart KUEHNE + NAGEL INTERNATIONAL AG



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Technical analysis trends KUEHNE + NAGEL INTERNATIONAL AG

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Income Statement Evolution

Sell

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Mean consensus HOLD
Number of Analysts 15
Last Close Price 247,20 CHF
Average target price 289,86 CHF
Spread / Average Target 17,3%


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