in per cent
|Gross Profit in per cent of net turnover||39.6||37.4|
|EBIT in per cent of net turnover||5.6||5.1|
|Earnings for the year||720||679||6.0|
|Earnings for the year (Kuehne + Nagel share)||718||676||6.2|
|Earnings per share (in CHF)||5.99||5.64||6.2|
|Operational cash flow||1,062||1,045||1.6|
|Capital expenditures for fixed assets||239||241||–0.8|
|Total employees at year end||70,038||67,236||4.2|
|Total full-time equivalents at year end||85,887||80,056||7.3|
Kuehne + Nagel’s net turnover decreased by CHF 206 million or 1.2 per cent and gross profit increased by CHF 299 million or 4.8 per cent compared to the previous year. At constant exchange rates net turnover would have decreased by 0.2 per cent or CHF 45 million and gross profit increased by 6.2 per cent or CHF 389 million.
EBIT increased by CHF 68 million or 8.0 per cent. At constant exchange rates the increase would have been CHF 75 million or 8.8 per cent. The Group increased earnings for the year 2016 by CHF 41 million or 6.0 per cent compared to 2015, in constant currencies by CHF 46 million or 6.7 per cent. Capital expenditure in fixed assets in 2016 decreased by CHF 2 million or 0.8 per cent to CHF 239 compared to 2015.
The Kuehne + Nagel Group increased the number of employees year-on-year by 2,802 or 4.2 per cent from 67,236 to 70,038 employees. The number of full time equivalents reached 85,887 versus 80,056, which is an increase of 5,831 or 7.3 per cent.