Scan Global roars ahead in the first half of 2021 and upgrades guidance

Scan Global Logistics' revenue rose 50 percent in the first half of the year. Despite rising costs, the logistics company upgrades its full-year forecast. Bond loans of DKK 1.1 billion are in place for additional acquisitions.

Photo: PR / Scan Global Logistics

Fast-growing Scan Global Logistics is gearing up for new acquisitions, and to that end, the logistics company has secured new bond loans, the company writes in its interim financial report published on Scan Global's website.

Debt increased by DKK 200 million (USD 31.9 million) to approximately DKK 1.7 billion with a new bond loan of EUR 150 million (USD 178 million), which will be used for "acquisitions and general corporate purposes".

Read the whole article

Get 14 days free access.
No credit card required.

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

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs