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DSV A/S (DSV.CO)

DSV.CO on Copenhagen Stock Exchange

488.80DKK
5:32am EST
Change (% chg)

kr.-6.00 (-1.21%)
Prev Close
kr.494.80
Open
kr.494.60
Day's High
kr.495.00
Day's Low
kr.488.40
Volume
104,136
Avg. Vol
425,564
52-wk High
kr.512.80
52-wk Low
kr.324.10

Latest Key Developments (Source: Significant Developments)

Freight forwarder DSV says organisation ready to make acquisitions again
Thursday, 26 Oct 2017 03:27am EDT 

Oct 26 (Reuters) - DANISH TRANSPORT AND LOGISTICS DSV A/S CEO JENS BJOERN ANDERSEN MADE FOLLOWING COMMENTS TO REUTERS AFTER THE FIRM REPORTED FORECAST-BEATING OPERATING PROFIT FOR THE THIRD QUARTER nFWN1N10BD::FREIGHT FORWARDER DSV SEES "LOTS OF INTERESTING" ACQUISITION TARGETS IN THE MARKET."THERE ARE LOTS OF INTERESTING COMPANIES OUT THERE," ANDERSEN SAID .ANDERSEN UNDERLINED THAT THE FIRM WOULD NOT GET CARRIED AWAY BY THE SUCCESSFUL IMPLEMENTATION OF THE UTI ACQUISITION: "WE WILL CONTINUE TO BE CONSERVATIVE AND KEEP OUR FEET ON THE GROUND" .SAYS ORGANISATION READY TO MAKE MEDIUM OR LARGER ACQUISITION SHOULD THE OPPORTUNITY ARISE."THE SMALLER ACQUISITION IS NOT STRATEGIC TO US ANYMORE".SHARES ROSE TO RECORD-HIGH AFTER Q3 BEAT nL8N1N12WA.  Full Article

DSV ‍Q3 operating profit ex-items, revenue beat expectations​
Thursday, 26 Oct 2017 01:30am EDT 

Oct 26 (Reuters) - DSV A/S :Q3 REVENUE DKK ‍18.74​ BILLION (REUTERS POLL DKK 18.45 BILLION).Q3 PRE-TAX PROFIT DKK 1.04 BILLION (REUTERS POLL DKK 1.03 BILLION).‍2017 OPERATING PROFIT BEFORE SPECIAL ITEMS IS EXPECTED TO BE IN RANGE OF DKK 4,700-4,900 MILLION (PREVIOUSLY DKK 4,500-4,700 MILLION)​.‍2017 ADJUSTED FREE CASH FLOW IS EXPECTED TO APPROXIMATE DKK 4,400 MILLION (PREVIOUSLY DKK 4,250 MILLION)​.‍Q3 OPERATING PROFIT BEFORE SPECIAL ITEMS DKK 1.31 BILLION (REUTERS POLL DKK 1.23 BILLION)​.  Full Article

DSV: conclusion of share buyback programme
Monday, 16 Oct 2017 02:51am EDT 

Oct 16 (Reuters) - DSV ::DSV, 662 - CONCLUSION OF SHARE BUYBACK PROGRAMME IN DSV A/S.‍SHARE BUYBACK PROGRAMME ANNOUNCED HAS NOW BEEN CONCLUDED​.‍AS AT TODAY, DSV A/S HOLDS A TOTAL OF 4,897,664 SHARES OF A NOMINAL VALUE OF DKK 1 IN DSV A/s​.  Full Article

DSV CEO says further share buybacks this year possible
Wednesday, 2 Aug 2017 06:13am EDT 

Aug 2 (Reuters) - DSV CEO JENS BJORN ANDERSEN MADE FOLLOWING COMMENTS ON AN INVESTOR CALL FOLLOWING THE FIRM'S SECOND-QUARTER REPORT: :FURTHER SHARE BUYBACK PROGRAMMES ARE POSSIBLE, ALSO THIS YEAR."IF M&A OPPORTUNITIES ARISE IN THE FUTURE WE WILL ALSO BE ABLE TO MOVE ON THEM".  Full Article

DSV CEO says is discussing new long-term financial targets with board
Wednesday, 2 Aug 2017 02:30am EDT 

Aug 2 (Reuters) - DANISH FREIGHT FORWARDER DSV'S CEO JENS BJORN ANDERSEN MADE FOLLOWING COMMENTS TO REUTERS AFTER THE FIRM'S Q2 EARNINGS nFWN1KO0BK::"AIR & SEA HAS NOW REACHED ITS LONG-TERM TARGETS AND WE ARE ACTUALLY QUITE SURPRISED AS IT IS SO EARLY IN THE INTEGRATION (OF UTI)".Q2 OPERATING MARGIN FOR AIR & SEA WAS 9.5 PERCENT IN THE SECOND QUARTER, WHILE THE FIRM CURRENTLY HAS A LONG-TERM TARGET OF 7-8 PERCENT FOR THE UNIT."IF YOU REACH YOUR TARGETS YOU WILL NEED SOMETHING NEW TO STRIVE FOR, SO THAT IS AN ONGOING WORK NOW. IT IS A STRATEGY PROCESS THAT WE NEED TO GO THROUGH WITH THE BOARD AND THEN SEE WHAT WE FIGURE OUT, BUT IT (LIFTING LONG-TERM TARGETS) IS OF COURSE SOMETHING THAT WE ARE DISCUSSING".  Full Article

DSV Q2 EBIT ex-items DKK ‍1.24​ bln, slightly above expectations
Wednesday, 2 Aug 2017 01:31am EDT 

Aug 2 (Reuters) - DSV ::Q2 NET REVENUE DKK ‍18​.92 BILLION (REUTERS POLL DKK 18.53 BILLION).Q2 PRE-TAX PROFIT DKK 970 MILLION (REUTERS POLL DKK 975 MILLION).Q2 EBIT EX-ITEMS DKK ‍1.24​ BILLION (REUTERS POLL DKK 1.20 BILLION).‍OPERATING PROFIT BEFORE SPECIAL ITEMS IS EXPECTED TO BE IN RANGE OF DKK 4,500-4,700 MILLION (PREVIOUSLY DKK 4,300-4,600 MILLION) IN 2017​.2017 FREE CASH FLOW IS EXPECTED TO APPROXIMATE DKK 3,750 MILLION (PREVIOUSLY DKK 3,500 MILLION).2017 EFFECTIVE TAX RATE IS EXPECTED TO BE 23% (PREVIOUSLY 25%).‍ON BACK OF A STRONG START TO 2017, WE UPGRADE OUR EXPECTATIONS FOR YEAR AND START A NEW SHARE BUYBACK PROGRAMME OF ONE BILLION DKK​.  Full Article

DSV Q1 net revenue DKK 18.2 billion (reuters poll DKK 17.50 billion)
Tuesday, 2 May 2017 01:39am EDT 

May 2 (Reuters) - DSV ::Q1 NET REVENUE DKK 18.2 BILLION (REUTERS POLL DKK 17.50 BILLION).Q1 EBIT EX-ITEMS DKK 1.13 BILLION (REUTERS POLL DKK 906 MILLION).UPWARD ADJUSTMENT OF THE FULL-YEAR OUTLOOK FOR 2017.Q1 PRE-TAX PROFIT DKK 875 MILLION (REUTERS POLL DKK 671 MILLION).OPERATING PROFIT BEFORE SPECIAL ITEMS IS EXPECTED TO BE IN THE RANGE OF DKK 4,300-4,600 MILLION (PREVIOUSLY DKK 4,200-4,500 MILLION).2017 OPERATING PROFIT EX-ITEMS IS EXPECTED TO BE IN RANGE OF DKK 4,300-4,600 MILLION (PREVIOUSLY DKK 4,200-4,500 MILLION).  Full Article

DSV Q4 adj. EBIT at DKK 929 million, below estimates
Friday, 10 Feb 2017 01:30am EST 

DSV A/S : Q4 net revenue 17.62 billion Danish crowns ($2.53 billion) versus 17.66 billion crowns seen in Reuters poll . Q4 EBIT ex-items 929 million crowns (Reuters poll 945 million crowns) . Proposes 2016 dividend of 1.80 crown per share (Reuters poll 1.86 crown per share) . 2017 operating profit before special items is expected to be in range of 4.20 billion - 4.50 billion crowns . Expects further integration costs of about 500 million crowns in relation to integration of UTi Worldwide Inc . 2017 net financial expenses are expected to about 300 million crowns .Effective tax rate of group is expected to be about 25 pct in 2017.  Full Article

Dsv Q3 adjusted EBIT DKK 1.00 billion, above expectations
Tuesday, 1 Nov 2016 02:30am EDT 

DSV A/S : Q3 net revenue 17.21 billion Danish crowns ($2.5 billion)(Reuters poll 17.51 billion crowns) . Q3 EBIT ex-items 1.00 billion crowns (Reuters poll 957 million crowns) . Full-year outlook for 2016 previously announced is adjusted . Operating profit ex-items to be in range of 3.40 billion-3.50 billion crowns (previously 3.30 billion-3.50 billion crowns) .2016 net financial expenses to approximate 350 million crowns (previously 450 million crowns).  Full Article

Deputy chairman buys DSV shares for total value of DKK 1.5 million
Friday, 5 Aug 2016 08:41am EDT 

DSV A/S :Thomas Plenborg, deputy chairman of board, bought 5,099 shares in DSV for total value of 1.5 million Danish crowns ($223,974).  Full Article

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Freight forwarder DSV pins growth hope on e-commerce

COPENHAGEN Danish freight forwarder DSV will invest more to meet rising demand for services such as e-commerce and address competition from new players including Amazon.com which is seeking a greater role in the logistics supply chain.