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DSV exec on virus-triggered setback: March could be "at least as bad"

A big blow to DSV Panalpina in February will likely continue in the months to come, and this has made the group suspend its guidance. The company's stock is down 11 percent.

Photo: Thomas Emil Sørensen/ERH

DSV Panalpina will likely be hit by as big a setback in March as was the case in February, says the company's Head of Investor Relations Flemming Ole Nielsen.

The comments come after the logistics company has decided to suspend its guidance for 2020 and its share buyback program due to the coronavirus outbreak.

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