Kuehne & Nagel Posts Flat Earnings For 2011

Kuehne & Nagel International AG

posted flat earnings for 2011. Kuehne & Nagel posted earnings at 601 million Swiss francs ($658 million), versus CHF601 million for 2010. Its revenue declined 3.3% to CHF19.59 billion, versus CHF20.26 billion in 2010. Kuehne & Nagel shares closed at $26.60 on Friday.