"Expectations for DSV have not diminished after Kuehne + Nagel's quarterly result"

The current freight market is a "dream scenario" for freight forwarders, and analysts at SEB and Sydbank expect a strong quarterly result from DSV Panalpina on Tuesday. Monday's quarterly report from Swiss competitor Kuehne + Nagel is an indicator.

Photo: Lars Krabbe/Foto: Lars Krabbe/Ritzau Scanpix

DSV Panalpina looks set to emerge stronger from the first quarter of the year than previously expected, assesses stock analysts, who follow the transport and logistics company, after seeing Monday's strong quarterly result from Swiss competitor Kuehne + Nagel.

"The analysts' consensus for DSV is DKK 2.7 billion (USD 439 million, -ed.), but I feel convinced that they will do even better," says Lars Heindorff from SEB Enskilda Equities, referring to DSV's expected quarterly result.

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