Positive Performance Carries Into 2Q for DSV
No-moat DSV’s positive momentum continued into the second quarter as the company delivered another solid set of results. While headline growth numbers for the first half flattered due to easy comparables, with the benefit of an extra month of UTi (the acquisition closed at the end of January 2016), underlying numbers still reflected positive trends. As a result, management have raised their operating profit guidance moderately to DKK 4.5 billion-4.7 billion from DKK 4.3 billion-4.6 billion. Whil...DSV is engaged in the provision of transport and logistics solutions. As of Dec 31 2014, Co.'s operations comprised of three business areas. The DSV Air and Sea business provides air and sea freight services and designs project solutions. The DSV Road business provides road and rail transport services including full loads, part loads and groupage. The DSV Solutions business area specializes in contract logistics, which include logistic and warehousing solutions, as well as freight management, custom clearance, order management and e-commerce solutions.
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