K+N figures higher

Switzerland's Kuehne + Nagel Group says it met targets last year and boosted business development and results.

Turnover increased by 16.4 per cent to CHF20,261.0 million and its operational result (EBITDA) was up 13.4 per cent to CHF1,004.0 million.

Net earnings improved by 28.7 per cent to CHF601.0 million.

The company also says it gained market share in all of its business units.