Analysis: Bruised DSV – cash not king anymore?
…or just blame investment needs and seasonality
DSV plans to invest approx. 2 billion Danish Kroner in a new logistics centre, Europe’s largest with just one leaseholder.
The logistics facilities in and around the city of Horsens in Jutland, Denmark, can no longer accommodate DSV’s present and expected growth.
Simultaneously, DSV wants to consolidate its warehouse and cross-docking terminals in the Horsens area to ensure increased efficiency and productivity combined with a greener profile and less CO2 emissions.
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