Conf call redux: does Kuehne + Nagel know its toys from its teus?
Yo bro, where’s the growth?
“Due to the uncertainties surrounding the further development of the Covid-19 pandemic and the current economic environment, the board of directors will propose to the annual general meeting 2020 to carry forward the retained earnings for the period ending December 31, 2019 to new account and not to resolve a dividend at this annual general meeting. Kuehne + Nagel thus further strengthens an already robust level of liquidity, adding support to the company’s overall financial position in view of the ...
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Comment on this article
Tobias Sittig
April 09, 2020 at 3:18 pmLess “chapeau” is the fact that we had some insider selling on the shares just two before this announcement…
https://www.six-exchange-regulation.com/en/home/publications/management-transactions.html#notificationId=T1K47000B6
Alessandro Pasetti
April 10, 2020 at 7:37 amGreat catch, many thanks for the added insight, Tobias.