Carriers

J. Lauritzen finds Svitzer stock appealing ahead of Copenhagen listing

Maersk is set to list the towage operator next week, where it could reach USD 1.4 billion in value. ”It’s a share we’re looking at,” says the chief exec of investor.
Sydbank estimates that Svitzer represents 5 to 6% of Maersk's market capitalization, which is approximately DKK 170bn. As a stand-alone company, Svitzer could thus have a market capitalization of DKK 8.6 to 10.3bn.
Sydbank estimates that Svitzer represents 5 to 6% of Maersk's market capitalization, which is approximately DKK 170bn. As a stand-alone company, Svitzer could thus have a market capitalization of DKK 8.6 to 10.3bn.
by DAG HOLMSTAD

Svitzer will soon be listen in Copenhagen alongside industry peers such as Maersk, Torm, Norden and DFDS and could have a market capitalization of more than DKK 10bn (USD 1.4bn) from the outset. 

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