Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
If I had written a column today based on the attractiveness of the information in the conference call after the record annual results released by DSV Panalpina (DSV PAN) last week, I would have stopped here.
Luckily, there is more meat on the bone when considering the huge buyback deployment and a nifty corporate parallel, although on a preliminary basis the key takeaways from the exchange between DSV PAN management and the analysts were:
a) As management acknowledged, some reported metrics (cash ...
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