K+N looks past Q1 revenue drop to improved margins from restructure
Swiss 3PL Kuehne + Nagel today said there were emerging signs of improving demand, despite ...
Agility has announced its nine-month results – and as a result of cost control, it said, it has seen a 40% rise in net profit for the period, although revenues remained flat. It admitted that it had been impacted by global economic weakness. Analysts, however, remain a little sceptical about Agility’s figures. Meanwhile, over at German behemoth Deutsche Post, results came in higher than expected as the domestic mail and international courier businesses helped offset adverse currency moves, which had contributed to a slight fall in revenue. But EBIT rose 7% – and the group confirmed its full-year EBIT forecast of between €2.75bn and €3bn.
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