ShippingWatch

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.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs