Logistics

DSV has secured a possible way out of contract in Saudi Arabia

DSV tried to calm the market on Monday on an investor call. The criticism seems to have taken management by surprise, analyst say.
”It was clear they have strong convictions that they can create value from this project. But the market has probably reacted a little more negatively than they might have initially expected,” says Mikkel Emil Jensen, senior analyst at Sydbank. | Photo: Sofia Busk
”It was clear they have strong convictions that they can create value from this project. But the market has probably reacted a little more negatively than they might have initially expected,” says Mikkel Emil Jensen, senior analyst at Sydbank. | Photo: Sofia Busk
by SEBASTIAN SCHLÜTER JACOBSEN

DSV has secured itself financially if a billion-dollar and controversial agreement with Saudi Arabia for one reason or another runs out of steam.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs