EXCLUSIVE: Kuehne + Nagel's deliberate path to an Apex listing
Breaking up is (not) hard to do
Kuehne + Nagel kicked off the second quarter earnings season amongst the major listed freight forwarders from its headquarters in Schindellegi.
Headline figures: group revenues grew 8% year on year, to Sfr12.5bn ($15.73bn), while group Ebit was down 4%, to Sfr744m, and net profit also dropped 4%, to Sfr555m.
And so to the earnings call. Front and centre – who would have guessed it – was the subject of tariffs. What else is there to say? Well, quite a lot judging by ...
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