Stark reminder for all execs talking up SME exposure
The smaller, the more exposed to China
American continental freight all-rounder JB Hunt has had better years, but it’s also had worse.
Full-year revenue in 2019, it said last month, was up 6% to $9.2bn, with operating income up 8% to $734m, albeit off a ropey 2018.
The obligatory conference call between management and analysts lasted an hour.
As usual, in the name of saving your valuable time, we’ve had a listen (link to the transcript here), whittled out 90% of the management gobbledygook and lost barely any meaning.
What follows ...
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