Readying for Europe's earnings season – 'it's all about guidance'
And even that needs a bit of help…
Kuehne + Nagel has carried its momentum from 2018 into the new year, with first-quarter results showing continuing growth in revenue and profitability.
While the company appeared pleased with the results, one analyst described them as “uninspiring” – although adding that, considering market conditions, they were “good”.
Revenues for the period climbed 7.7% to Sfr5.2bn ($5.1bn), generating a little over Sfr242m in profit (as ebit), up 2.5% on last year.
Pleased chief executive Detlef Trefzger said: “Kuehne + Nagel got off to a good ...
Comment on this article
Martyn Benson
April 25, 2019 at 1:30 pmThey have started 2018 in a bullish mood?
Alex Lennane
April 25, 2019 at 1:32 pmThey may well have done – we can’t quite remember…
Thank you for pointing our our error so quickly – we have now changed it!