Q: Can you break down why DSG missed this quarter. Is there something that will cause a change with the usual predictably?
Apart from DT that is.
Thank you
Apart from DT that is.
Thank you
5i Research Answer:
Its miss was mostly due to a challenging trade environment, and tariff uncertainty could weigh on shipping volumes and organic growth in the near-term. Its customers are facing difficulty with making decisions given the uncertain trade environment. We think that it will see increased uncertainties in sales and earnings guidance, but largely, it has navigated challenges well in the past (2020) and we would be comfortable holding or buying here.