‘Remarkable’ nine-month performance from K+N, but a note of caution

Kuehne + Nagel today reported another strong quarter, with nine-month numbers showing significant gains – although some analysts have urged caution.
Net turnover from January to September climbed 13.6% year on year to CHF15.3bn ($15.4bn), generating ebit of CHF745m, up 8.8% on 2017.
Chief executive Detlef Trefzger said: “We’ve continued the dynamic performance from the first half into the third quarter, and achieved a very positive result for the nine months.
“And the performance in the …

The post ‘Remarkable’ nine-month performance from K+N, but a note of caution appeared first on The Loadstar.

Source: The Loadstar

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