M&A and away as Kuehne stays ahead of DSV
Bolt-on, out of the blue
Mean, lean machine DSV delivered, unsurprisingly, strong Q2 22 numbers as it keeps targeting its own stock rather than going for any other target, it emerged today from its interims and a follow-up call with analysts.
(It’s investing more heavily, in fact, in its own stock via a Dkr7bn… yes, about $980m… share buyback programme ending 24 October – our next M&A “catalyst” date, I say.)
What was quite surprising, however, was the extent of the outperformance per unit in air and ...
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Alex Lennane
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Alessandro Pasetti
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