Company Announcement No. 859
Today,
Moody’s states that “DSV Panalpina’s A3 long-term issuer rating with a stable outlook is supported by its market leading position in the fragmented global freight forwarding industry. Furthermore, the rating reflects DSV Panalpina’s stable and industry leading profitability levels through the cycle. This profitability stems from a dedicated management team, productive workforce, and a clearly defined and implemented IT strategy, which supports efficiency and further scalability of the business.”.
“Receiving this credit rating strengthens DSV’s financing platform. The A3 rating is a recognition of DSV Panalpina’s strong track record, our solid financial profile and our strong market position”, says
Any questions may be addressed to Executive Vice President, Investor Relations,
Yours sincerely,
Attachment
- 859 - Announcement (02.02.2021) - Credit Rating
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