Energy giant Neste sees a ‘K-shaped’ recovery for its business: CEO

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SINGAPORE — Finnish energy company Neste is seeing a so-called “K-shape recovery” from the coronavirus pandemic, with different segments of its business going in opposite trajectories, CEO Peter Vanacker said on Tuesday.

“If I look at the recovery right now, people refer to (it) as V-shape, W-shape, L-shape, I’ve heard yesterday on the summit, K-shape,” he told CNBC’s Capital Connection as an attendee of the Singapore Summit, which is being held virtually this…



Source cnbc.com

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