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Analysts: Weak markets are unlikely to affect DSV

Although market conditions have been far from favorable, freight and logistics group DSV can look forward to solid profit growth in its interim report for the third quarter, set to be released Wednesday morning.

Photo: Stine Bidstrup

The Danish freight and logistics company DSV can probably look forward to solid progress when the company presents its interim report for the third quarter of the year Wednesday, although market conditions have been far from favorable.

Analysts expect revenue – helped along by the strong dollar – to increase by 6.6 percent to USD 1.94 billion, while operating profit before special items is expected to grow by 11 percent to USD 119.7 million, according to the average of estimates from nine analysts surveyed by Ritzau Estimates.

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