Independent journal on economy and transport policy
18:35 GMT+1
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DSV Panalpina will cut about three thousand jobs
In the first quarter, the impact of the health crisis on the group's business was estimated at around 33 million euros
April 30, 2020
In the air and sea shipping segment alone, where In the first quarter, the group handled airborne cargo 360,000 tonnes (up 111.6%) maritimely equal to 576 thousand container teus (up 60.0%), revenues totaled revenues 16.7 billion Danish kroner (up 77.2%) and operating profit is 1.1 billion, or 13.2%. Revenues from shipments 7.9 billion Danish kroner (-2.2%) EBIT in this segment of activity was the result of 491 million (-13.1%). The other logistics activities of the group generated revenues of 3.4 billion Danish kroner (up 12.9%) EBIT of 582 million (-17.6%).
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