News / DSV chief reticent on Schenker: the focus on growing market share

© Timon Schneider

DSV focused on gains in market share, organic growth and making investors confident in its new leadership team, as it announced Q1 results this morning.

Revenues were down some 6%, to DKK438.3bn ($5.49bn), while profit fell 27%, to $342.9m.

But new CEO Jens Lund preferred to focus on gaining market share “in all three divisions”, with volumes up 2% in air and 8% in ocean, year on year.

He told analysts: “The type of business we are winning is in the SME segment. ...