DSV drags down Kuehne as Schenker 'update' saves the day
A one-off excuse
Mark 22 October on your calendar: Kuehne + Nagel (K+N) opens the earnings season for freight forwarders with its third-quarter (Q3) and nine-month (9M) results.
For the first time since I have started coverage, it won’t be preceded by its smaller domestic rival, Panalpina – which is now owned by DSV, whose trading update is due on 1 November – so it will set the tone for all others.
Lucky K+N? Maybe.
K+N vs DSV?
Since late June the stock market performance of K+N has ...
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