Departing CFO claims Freightos will see profit in 2026 after reporting Q3 loss
UPDATED 28.11.24 TO INCLUDE FREIGHTOS INPUT AND REMOVE REFERENCE TO GUILLAUME HALLEUX Freightos’ share price fell ...
TSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEALGXO: NEW PARTNERSHIPKNIN: MATCHING PREVIOUS LOWSEXPD: VALUE AND LEGAL RISKMAERSK: DOWN SHE GOESVW: PAY CUT
TSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEALGXO: NEW PARTNERSHIPKNIN: MATCHING PREVIOUS LOWSEXPD: VALUE AND LEGAL RISKMAERSK: DOWN SHE GOESVW: PAY CUT
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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