Conf call redux: DSV – Schenker integration a work in progress
Next few quarters – pay attention!
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 ...
Comment on this article
Andreas Kout
May 02, 2018 at 12:42 pmWell it’s known all along the globe DSV is interested in M&A, the question remains who could be the ones open to discuss this. Asia geographically speaking is an area where they have lost a lot of burned earth and do not have a real positive standing.
There are always two you have to have in an M&A transaction and honestly we heavily doubt that there are really so much opportunities for them. Why does Andersen come up and up in almost any announcement,interview etc that M&A is important to them? Do you have an answer for me on this, we would say there are opportunities out there but either
DSV is too tasty or as simple as it can be, the ones open to sell are not interested to sell to a DSV.
kind regards
A.Kout
Ale Pasetti
May 02, 2018 at 2:54 pmGood point. You are right, A.Kout, it is time for DSV management to act.