Bank: DSV to land record result – but has difficulties conquering market shares

DSV is in line for a record result for the year’s second quarter based on progress in the air and ocean business as well as the acquisition of GIL. However, DSV has difficulties conquering market shares, according to analyst from Danish bank Sydbank.

DSV wants to ”grow faster than the market,” which is going to happen through such measures as acquisitions, said company CEO Jens Bjørn Andersen during the most recent capital markets day. | Photo: DSV / PR

Money is pouring in at DSV, which is expected to present a record result for Q2 this year and potentially make an upward adjustment to the full-year guidance as well.

Such is the assessment by Danish bank Sydbank in an analysis prior to the Danish logistics group’s announcement of the Q2 result next week.

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