Kuehne + Nagel International AG (KHNGF)
- Reuters
Freight forwarder Kuehne+Nagel's profit falls, beats forecast
Swiss freight forwarder Kuehne+Nagel reported a 39% drop in quarterly operating profit but beat market expectations on Tuesday, aided by cost cutting measures amid geopolitical concerns. Conflicts and geopolitical tensions are challenging the freight industry, which has to face shipping disruptions caused by militant attacks in the Red Sea and Russia's airspace closure following its invasion of Ukraine. Persistent supply chain issues in this complex geopolitical situation require more sophisticated supply chain solutions and more value-added services from companies like Kuehne+Nagel, a company representative said.
- Simply Wall St.
Investors Shouldn't Overlook The Favourable Returns On Capital At Kuehne + Nagel International (VTX:KNIN)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
- Simply Wall St.
Kuehne + Nagel International Full Year 2023 Earnings: Misses Expectations
Kuehne + Nagel International ( VTX:KNIN ) Full Year 2023 Results Key Financial Results Revenue: CHF23.8b (down 40% from...
