DSV raises its full-year guidance

The logistics group raises its full-year operating profit guidance after the first quarter 2018. The company's adjusted result noted a slight setback compared to the same period last year.

Danish transport and logistics group DSV raises its full-year guidance after the first three months of 2018. In the interim report published Tuesday, DSV raises the low end of its operating profit guidance.

"DSV performed well in the first quarter of 2018 and delivered growth in both freight volumes and EBIT. Based on the good start to 2018 and overall positive market trends we increase the low end of the EBIT guidance range for the full-year and launch a new three-month share buyback programme of DKK 1.1 billion," says CEO Jens Bjørn Andersen in the interim report.

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