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News / K+N looks past Q1 revenue drop to improved margins from restructure

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Swiss 3PL Kuehne + Nagel today said there were emerging signs of improving demand, despite today’s first-quarter results that show a year-on-year 18% decline in turnover and a 28% drop in EBITDA.

Group-wide revenue reached SFr5.5bn ($6bn), compared with the SFr6.75bn it posted in Q1 23, ...

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