It doesn’t matter what executives say when Mr Market is the ultimate judge of corporate strategy, capital allocation and value.
So…
Yesterday, 24 hours after the CEO of Kuehne + Nagel* remarked that growth is about “becoming better, not necessarily bigger”, it was the turn of the DSV chief to cheer at the vote of confidence that Deutsche Bahn’s supervisory board gave the forwarder he leads.
(*Which will likely be dethroned at the …
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