Top forwarders all set for cash flow boost as earnings sag
When being flush is bad
Kuehne + Nagel CEO Stefan Paul approaches his second anniversary (1 August) at the helm of the world’s leader in air and ocean freight forwarding, with enough track record for K+N’s stock…
… to label his spell as… fairly delusional?
Not so fast
Acting as a good administrator of Klaus-Michael Kuehne’s treasure, under his leadership the forwarder paid out a record Sfr24 a share in aggregate dividends for 2022 and 2023…
… and that came after Peak K+N of late 2021 on the stock ...
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