DSV drags down Kuehne as Schenker 'update' saves the day
A one-off excuse
“As a result of the current global outbreak of coronavirus, supply chains and the global transport and logistics markets are currently seeing a substantial negative impact. During February, the impact was mainly related to transports from and to China, but now the impact on supply, demand and transport and logistics capacity is global.
“Results have been on budget for January 2020 and approximately Dkr150 million below budget for February 2020.”
– DSV Panalpina (DSV PAN), 16 March 2020, sourced from “Outlook for ...
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