Analysis: Bruised DSV – cash not king anymore?
…or just blame investment needs and seasonality
Agility isn’t rocking as it did, very conveniently, when talk of a Panapina (PAN) tie-up dominated the headlines in the first quarter – that’s the key takeaway from the Q1 conference call that took place last week.
Which makes it an ideal time to boost expectations via creative financial engineering, if it seriously intends to play an active role in freight forwarding (FF)/contract logistics consolidation alongside other action currently taking place in its core infrastructure businesses – which, on an aggregate basis, ...
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