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DSV: Trading update for Q3 ’20 & financial outlook

October 10, 2020 by Choice Aviation Services0Air Cargo

DSV Panalpina has released preliminary, unaudited results for the Q3 ’20 and updated guidance for the year. Late on Friday it said:
During Q3 2020, we have seen a strong financial performance in all divisions, with results exceeding our internal expectations. The results are driven by better than anticipated market conditions across our different markets and lower than anticipated negative impacts from COVID-19.
The air freight market continues to be characterised by …

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