Comment / DSV drags down Kuehne as Schenker 'update' saves the day

ID 53039699 © Vividaphoto | Dreamstime.com

Q4 and full-year 2024 numbers for DSV were always meant to be a classic ’non-event’. Until they weren’t. And then they were again. All in just about one hour.

Now.

Buried in the annuals of a near-$50bn market cap forwarder, the most valuable asset-light player on earth in our sector… you have to bang your head against the wall to derive comparable Q4 24 net earnings per share (EPS).

However, luckily some analysts and other sources came to my aid today.

Against consensus estimates, ...