On the wires: DSV, Mærsk, Kuehne et al – to hell with no return ticket?
But not all is lost
…Q1 22 results out today, it said:
– First-quarter revenue of $8.9 billion, representing a recovery to 84% of comparable period revenue in 2019.
– First-quarter net loss of $1.6 billion, or ($2.52) per share. Excluding net special items1, first-quarter net loss of $1.5 billion, or ($2.32) per share.
– Company was profitable excluding net special items in March and expects to be profitable in the second quarter based on the current demand trends and fuel price forecast.
– Ended the first quarter with ...
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