ANNUAL REPORT 2011 - Kuehne + Nagel

More documents

Recommendations

Info

THE MANAGEMENT BOARD From the left: GERARD VAN KESTEREN Chief Financial Officer MARTIN KOLBE Information Technology REINHARD LANGE Chief Executive Officer DIRK REICH Contract Logistics and Road & Rail LOTHAR HARINGS Human Resources TIM SCHARWATH Airfreight HORST-JOACHIM SCHACHT Seafreight Report of the Managament Board As of December 31, 2011 9
10 Report of the Managament Board Kuehne + Nagel strengthened its global sales force by hiring 500 additional specialists. Through its selective recruiting the company widened its industry-specific know-how base. Focal point in the field of product development was an innovative, integrated logistics solution for the pharmaceutical industry whose market introduction is planned for the current year. By the acquisition of the Brazilian logistics company Grupo Eichenberg as of September 1, 2011, Kuehne + Nagel gained access to the South American overland transport market and, at the same time, expanded the presence and service portfolio of its national company. The inauguration of a new logistics facility in Cartagena in October 2011 provides support for Kuehne + Nagel's development plans in Colombia. The location in the Contecar port in Cartagena will enable Kuehne + Nagel to quickly and efficiently benefit from business opportunities arising from the expansion of the Panama Canal. Kuehne + Nagel expanded its service portfolio in the dynamically growing markets China and India. According to the Chinese “Go West“ strategy Kuehne + Nagel opened new locations in the Western provinces. Kuehne + Nagel made substantial progress towards its aim of establishing a global network for perishables logistics through the acquisition of specialised companies Translago S.A.S. and Agencia de Aduanas Excelsia Ltda. in Colombia and Mastertransport S.A. in Ecuador and the purchase of J. van de Put Fresh Cargo Handling in the Netherlands. In seafreight reefer container services were strengthened by the acquisition of Cooltainer, the leading operator in New Zealand. Since April 1, 2011, RH Freight, the market leader for groupage freight between continental Europe and the United Kingdom, is a member of the Kuehne + Nagel Group. This transaction increased the density of Kuehne + Nagel's European overland network and expanded its range of regular services. Development of the business units In seafreight Kuehne + Nagel recorded a volume growth of 11 per cent, a remarkable achievement in view of the difficult market conditions. The number of containers handled by Kuehne + Nagel passed the 3 million mark for the first time. Despite substantial investments made in sales and product development, the EBITDA to gross profit margin remained stable at the previous year’s level. This was due to strict cost management and high productivity.
Page 1 and 2: NETWORK AND PRODUCT PORTFOLIO KUEHN
Page 3 and 4: EXPANSION NETWORK AND PRODUCT PORTF
Page 11 and 12: BEIJING / CHINA MUMBAI / INDIA
Page 13 and 14: CHINA Kuehne + Nagel offers an exte
Page 15 and 16: INDIA The new automotive competence
Page 17 and 18: KUEHNE + NAGEL GROUP KEY DATA CHF m
Page 19 and 20: 2 The Board of Directors KARL GERNA
Page 21 and 22: 4 Report of the Board of Directors
Page 23 and 24: 6 Report of the Board of Directors
Page 25: 8 REPORT OF THE MANAGEMENT BOARD St
Page 29 and 30: 12 Report of the Managament Board u
Page 31 and 32: 14 Status Report _ _ _ _ _ _ Income
Page 33 and 34: 16 Status Report _ _ _ _ _ _ Financ
Page 35 and 36: 18 Status Report _ _ _ _ _ _ Invest
Page 37 and 38: 20 Status Report _ _ _ _ _ _ Shareh
Page 39 and 40: 22 REPORT OF THE BUSINESS UNITS Sea
Page 41 and 42: 24 Report of the Business Units _ _
Page 51 and 52: 34 Sustainability _ _ _ _ _ _ Human
Page 53 and 54: 36 Sustainability _ _ _ _ _ _ Kuehn
Page 55 and 56: 38 Sustainability _ _ _ _ _ _ Kuehn
Page 57 and 58: 40 Sustainability _ _ _ _ _ _ Quali
Page 59 and 60: 42 Global Network KUEHNE + NAGEL WO
Page 61 and 62: 44 CORPORATE GOVERNANCE Kuehne + Na
Page 63 and 64: 46 Corporate Governance Klaus-Micha
Page 65 and 66: 48 Corporate Governance Dr. Wolfgan
Page 67 and 68: 50 Corporate Governance On invitati
Page 69 and 70: 52 Corporate Governance Management
Page 71 and 72: 54 Corporate Governance The members
Page 73 and 74: 56 CONSOLIDATED FINANCIAL STATEMENT
Page 75 and 76: 58 Consolidated Financial Statement
Page 77 and 78:
60 Consolidated Financial Statement
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
100 Consolidated Financial Statemen
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
114 SIGNIFICANT SUBSIDIARIES AND JO
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
120 FINANCIAL STATEMENTS 2011 OF KU
Page 139 and 140:
122 Financial Statements 2011 _ _ _
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
CORPORATE TIMETABLE 2012 March 5, 2
show all

ANNUAL REPORT 2011 - Kuehne + Nagel

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?