DSV Panalpina A/S
DSV, 859 - DSV PANALPINA RECIEVES A3 CREDIT RATING FROM MOODY’S
Company Announcement No. 859
Today, 2 February 2021, Moody’s has assigned an A3 long-term issuer credit rating to DSV Panalpina A/S with a stable outlook.
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 Jens Lund, Group CFO of DSV Panalpina A/S.
Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.
DSV Panalpina A/S
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Subsea 7 (Uk Service Co) Ltd25.2.2021 08:02:35 CET | Press release
Subsea 7 S.A. Announces Fourth Quarter and Full Year 2020 Results
Subsea 7 (Uk Service Co) Ltd25.2.2021 08:02:25 CET | Press release
Subsea 7 announces new loan facility
Subsea 7 (Uk Service Co) Ltd25.2.2021 08:02:14 CET | Press release
Subsea 7 - special dividend and notification of general meetings
Lundin Energy AB25.2.2021 08:02:04 CET | Press release
Notice of the Annual General Meeting of Lundin Energy AB
Van Lanschot Kempen Wealth Management N.V.25.2.2021 08:01:54 CET | Press release
Van Lanschot Kempen launches share buy-back programme to fund remuneration policy and share plans
Van Lanschot Kempen Wealth Management N.V.25.2.2021 08:01:44 CET | Press release
Van Lanschot Kempen releases Annual Report 2020
Signify25.2.2021 08:01:33 CET | Press release
Signify starts share repurchase program of up to 2 million shares to cover performance share plans
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom