It seems APE are killing it over AHE over the last. By comparison, over the last year AHE is up about 10% whereas APE up 65%. Both seem to be performing well enough in the car business (although APE has better EBIT to revenue ratio of 4.3% compared to 3%). Surely the logistics side of the AHE business cannot be dragging things down given it has an EBIT to revenue ratio of 5.8%.
If APE keep outperforming AHE, could become a target given there better PE ratio etc.
Any thoughts of why the divergence in share performance or whether AHE can start to catch up?
It seems APE are killing it over AHE over the last. By...
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