Kuehne + Nagel has released its financial figures for the first nine months of 2009 saying it had achieved “very satisfactory” results due to the ‘early, consistent implementation’ of its dual strategy of strict cost management and commitment to market-share expansion. Total net revenues fell by 23 per cent to CHF10.94 billion (US$10.66 billion). Gross profit was 7.3 below the figure of the previous year’s period. Operational result (EBITDA) decreased by … [Read more...] about Kuehne + Nagel reports “very satisfactory” Q3