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Scan Global upgrades guidance following high Q1 growth

Last year’s improvements at Scan Global Logistics continued in the first quarter, prompting the logistics firm to up its outlook for 2022’s operating result. Meanwhile, the company confirms a potential ownership change.

Photo: Scan Global Logistics / PR

Scan Global Logistics has seen a turbocharged first quarter of 2022, resulting in an upgrade to the company’s full-year guidance, according to the quarterly interim report.

Whereas the company used to predict adjusted earnings before interest, taxes, depreciations and amortizations (EBITDA) of USD 145-155m, it now expects the level to lie at USD 170-180m.

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