Strong air freight market and UTi synergies bring DSV a first-quarter boost

A strong air freight market “across the board” contributed to “very, very” good first-quarter results from DSV, announced this morning.
“We are ahead of where we expected to be,” said CEO Jens Bjørn Andersen.
“The strong momentum of 2017 continued into 2018,” he said in an earnings call.
While revenues just edged up, year on year, to Dkr18.4bn ($2.97bn) profit for the period rose nearly 15% to Dkr769m ($124m). In constant currencies, gross profit …

The post Strong air freight market and UTi synergies bring DSV a first-quarter boost appeared first on The Loadstar.

Source: The Loadstar

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