Latest news with #Kuehne+NagelInternationalAG
Economic Times
07-05-2025
- Business
- Economic Times
World's trade superhighway feels strain from US-China decoupling
Live Events Container liners are starting to sever shipping routes that link the US and China across the Pacific, as President Donald Trump's trade war upends the industry and forces the two largest economies signs of disruption are plunging fees, fewer services, and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy, carrying manufactured goods and vital container shipping group Hapag-Lloyd AG has canceled 30% of China-to-US bound shipments, according to a spokesperson. Separately, Swiss liner Kuehne + Nagel International AG said some trades had stopped completely, while it expected a 25% to 30% drop in bookings from China to the US, Chief Executive Officer Stefan Paul told investors on a conference Trump administration's globe-spanning trade war that's dominated the president's opening months in office has trained its harshest measures against China, with the imposition of US import levies totaling 145%, and similar punitive retaliatory measures from Beijing. While there have been carve-outs for some goods, the dispute has roiled the shipping Trump and other senior officials have talked up the chances of a potential deal with China — and negotiations will take place in Switzerland later this week — any resolution of the dispute may take months to hammer out. In the meantime, executives in China are turning away from the US a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A tally of rates across global routes has also softened.'It's a trade lane on what is a global highway,' said Joe Kramek, chief executive officer at the World Shipping Council, whose members operate 90% of global liner capacity. 'So it does have ripple effects all the way across.'Shippers are also contending with US measures beyond the barrage of levies, adding a further layer of complications. These include the ending of a tax exemption for small shipments, as well as a potentially disruptive plan to charge hefty fees on large Chinese ships calling at American ports.'There's uncertainty about what will happen to cargo flows in and out of the US,' said Niels Rasmussen, chief shipping analyst at trade group Bimco. In contrast, there's no policy uncertainty in trades elsewhere, so shipowners can approach these normally, he in the shipping market, there are mounting headaches for the dry-bulk operators that haul farm products, as well as tanker owners, whose fleets had been used to ferry US energy exports to Asia's largest of crude from the US Gulf to China came to a stop in April, after reaching a year-to-date peak of nearly 174,000 barrels a day in March, Kpler data show. Among individual vessels, a tanker hauling US propane diverted from China mid-voyage after Beijing slapped punitive taxes on American rerouting of US coal and soybean cargoes away from China to nearer markets is expected to reduce sailing distances, and therefore hurt so-called ton-mile demand for the dry-bulk sector, according to Roar Adland, the global head of research at shipbroker SSY.'Current levels of US tariffs, and Chinese counter-tariffs, have effectively shut down most bilateral dry-bulk commodity trade,' said Adland.
Business Mayor
07-05-2025
- Business
- Business Mayor
World's trade superhighway feels strain from US-China decoupling
German container shipping group Hapag-Lloyd AG has canceled 30% of China-to-US bound shipments, according to a spokesperson. Separately, Swiss liner Kuehne + Nagel International AG said some trades had stopped completely, while it expected a 25% to 30% drop in bookings from China to the US, Chief Executive Officer Stefan Paul told investors on a conference Trump administration's globe-spanning trade war that's dominated the president's opening months in office has trained its harshest measures against China, with the imposition of US import levies totaling 145%, and similar punitive retaliatory measures from Beijing. While there have been carve-outs for some goods, the dispute has roiled the shipping industry. Although Trump and other senior officials have talked up the chances of a potential deal with China — and negotiations will take place in Switzerland later this week — any resolution of the dispute may take months to hammer out. In the meantime, executives in China are turning away from the US market. As a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A tally of rates across global routes has also softened. 'It's a trade lane on what is a global highway,' said Joe Kramek, chief executive officer at the World Shipping Council, whose members operate 90% of global liner capacity. 'So it does have ripple effects all the way across.'Shippers are also contending with US measures beyond the barrage of levies, adding a further layer of complications. These include the ending of a tax exemption for small shipments, as well as a potentially disruptive plan to charge hefty fees on large Chinese ships calling at American ports.'There's uncertainty about what will happen to cargo flows in and out of the US,' said Niels Rasmussen, chief shipping analyst at trade group Bimco. In contrast, there's no policy uncertainty in trades elsewhere, so shipowners can approach these normally, he said. Read More Fenty Beauty is coming to Ulta at Target Elsewhere in the shipping market, there are mounting headaches for the dry-bulk operators that haul farm products, as well as tanker owners, whose fleets had been used to ferry US energy exports to Asia's largest economy. Flows of crude from the US Gulf to China came to a stop in April, after reaching a year-to-date peak of nearly 174,000 barrels a day in March, Kpler data show. Among individual vessels, a tanker hauling US propane diverted from China mid-voyage after Beijing slapped punitive taxes on American imports. The rerouting of US coal and soybean cargoes away from China to nearer markets is expected to reduce sailing distances, and therefore hurt so-called ton-mile demand for the dry-bulk sector, according to Roar Adland, the global head of research at shipbroker SSY. 'Current levels of US tariffs, and Chinese counter-tariffs, have effectively shut down most bilateral dry-bulk commodity trade,' said Adland.
Yahoo
04-05-2025
- Business
- Yahoo
Interested In Kuehne + Nagel International's (VTX:KNIN) Upcoming CHF08.25 Dividend? You Have Four Days Left
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Kuehne + Nagel International AG (VTX:KNIN) is about to go ex-dividend in just 4 days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Thus, you can purchase Kuehne + Nagel International's shares before the 9th of May in order to receive the dividend, which the company will pay on the 13th of May. The company's next dividend payment will be CHF08.25 per share, on the back of last year when the company paid a total of CHF8.25 to shareholders. Calculating the last year's worth of payments shows that Kuehne + Nagel International has a trailing yield of 4.3% on the current share price of CHF0191.30. If you buy this business for its dividend, you should have an idea of whether Kuehne + Nagel International's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Its dividend payout ratio is 82% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. It could become a concern if earnings started to decline. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. It paid out 81% of its free cash flow as dividends, which is within usual limits but will limit the company's ability to lift the dividend if there's no growth. It's positive to see that Kuehne + Nagel International's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. View our latest analysis for Kuehne + Nagel International Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. This is why it's a relief to see Kuehne + Nagel International earnings per share are up 8.7% per annum over the last five years. Decent historical earnings per share growth suggests Kuehne + Nagel International has been effectively growing value for shareholders. However, it's now paying out more than half its earnings as dividends. If management lifts the payout ratio further, we'd take this as a tacit signal that the company's growth prospects are slowing. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Kuehne + Nagel International has delivered an average of 1.7% per year annual increase in its dividend, based on the past 10 years of dividend payments. Is Kuehne + Nagel International an attractive dividend stock, or better left on the shelf? Earnings per share have been growing modestly and Kuehne + Nagel International paid out a bit over half of its earnings and free cash flow last year. Overall, it's hard to get excited about Kuehne + Nagel International from a dividend perspective. With that being said, if dividends aren't your biggest concern with Kuehne + Nagel International, you should know about the other risks facing this business. For example, we've found 1 warning sign for Kuehne + Nagel International that we recommend you consider before investing in the business. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
01-05-2025
- Business
- Yahoo
There May Be Reason For Hope In Kuehne + Nagel International's (VTX:KNIN) Disappointing Earnings
Soft earnings didn't appear to concern Kuehne + Nagel International AG's (VTX:KNIN) shareholders over the last week. Our analysis suggests that while the profits are soft, the foundations of the business are strong. We've discovered 1 warning sign about Kuehne + Nagel International. View them for free. In high finance, the key ratio used to measure how well a company converts reported profits into free cash flow (FCF) is the accrual ratio (from cashflow). To get the accrual ratio we first subtract FCF from profit for a period, and then divide that number by the average operating assets for the period. The ratio shows us how much a company's profit exceeds its FCF. Therefore, it's actually considered a good thing when a company has a negative accrual ratio, but a bad thing if its accrual ratio is positive. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. To quote a 2014 paper by Lewellen and Resutek, "firms with higher accruals tend to be less profitable in the future". For the year to March 2025, Kuehne + Nagel International had an accrual ratio of -0.12. That indicates that its free cash flow was a fair bit more than its statutory profit. In fact, it had free cash flow of CHF1.5b in the last year, which was a lot more than its statutory profit of CHF1.20b. Kuehne + Nagel International shareholders are no doubt pleased that free cash flow improved over the last twelve months. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Kuehne + Nagel International's accrual ratio is solid, and indicates strong free cash flow, as we discussed, above. Based on this observation, we consider it likely that Kuehne + Nagel International's statutory profit actually understates its earnings potential! Unfortunately, though, its earnings per share actually fell back over the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. At Simply Wall St, we found 1 warning sign for Kuehne + Nagel International and we think they deserve your attention. Today we've zoomed in on a single data point to better understand the nature of Kuehne + Nagel International's profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-04-2025
- Business
- Yahoo
Kuehne + Nagel International AG Just Beat Revenue Estimates By 10%
As you might know, Kuehne + Nagel International AG (VTX:KNIN) just kicked off its latest first-quarter results with some very strong numbers. Kuehne + Nagel International beat expectations, with revenue hitting CHF6.3b (10% ahead of estimates) and EPS reaching CHF2.45 (a 5.8% beat). This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Kuehne + Nagel International after the latest results. Our free stock report includes 1 warning sign investors should be aware of before investing in Kuehne + Nagel International. Read for free now. Following last week's earnings report, Kuehne + Nagel International's 14 analysts are forecasting 2025 revenues to be CHF25.3b, approximately in line with the last 12 months. Statutory earnings per share are expected to decrease 2.5% to CHF9.85 in the same period. In the lead-up to this report, the analysts had been modelling revenues of CHF24.6b and earnings per share (EPS) of CHF9.76 in 2025. So it looks like there's been no major change in sentiment following the latest results, although the analysts have made a small lift in to revenue forecasts. Check out our latest analysis for Kuehne + Nagel International Even though revenue forecasts increased, there was no change to the consensus price target of CHF204, suggesting the analysts are focused on earnings as the driver of value creation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Kuehne + Nagel International analyst has a price target of CHF290 per share, while the most pessimistic values it at CHF136. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 1.7% annualised decline to the end of 2025. That is a notable change from historical growth of 2.5% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 0.008% per year. It's pretty clear that Kuehne + Nagel International's revenues are expected to perform substantially worse than the wider industry. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. With that in mind, we wouldn't be too quick to come to a conclusion on Kuehne + Nagel International. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Kuehne + Nagel International analysts - going out to 2027, and you can see them free on our platform here. Even so, be aware that Kuehne + Nagel International is showing 1 warning sign in our investment analysis , you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
