Comment / Supply chain radar: As WFS grows, counterparty risk and losses mount – needs a plan B

plan B

By Alessandro Pasetti

27/11/2019

Look at the one below.

Let’s consider that the numbers included in the table above and associated to bad debt, provisions, restructuring costs and other one-off items would be easy to swallow if it were business as usual for WFS. But it’s not, despite the headline growth figures.

The group yesterday said: “WFS reported a revenue increase of 8.6% year-on-year in Q3 2019 to €358.4m, from €330.1m in Q3 2018. The reported revenue increase included a €9.2 million positive FX impact, which mainly ...

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Topics

bankruptcy Bankruptcy Blues financial results Supply chain radar trading update WFS Worldwide Flight Services DB Schenker Deutsche Bahn M&A

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