Conf call redux: DSV – 'the logic still applies'
A blast
The patient is on the operating table.
After talking billions of dollars for almost three endless months following the whopping ~Sfr4.9bn takeover offer that Panalpina accepted from DSV, a tiny little Sfr0.155 is all that matters when it comes to the trading update of the former released today.
Several insiders labelled its earnings growth performance as a sign that Panalpina is on the right track.
Others were not so bullish.
To both sides, I preliminarily countered that if the Swiss 3PL had actually delivered a ...
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