With about $1.5bn of value vanishing in the wake of Q4/full-year results, Kuehne + Nagel (K+N) shareholders suffered another dispiriting update this week that didn’t convince the bears of the strength and effectiveness of the Swiss firm’s corporate restructuring.
There’s loose talk of a “reset” in our circles, as well as among analysts, but yesterday, a management team of two tried to put on a brave face during the conference call …
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