Comment / DSV trashed – just short of outstanding in Air & Sea 'ain't enough'

ID 355101777 © Tatsiana Aliakseyenka | Dreamstime.com

“With its Q2 update, DSV would need, say, a 45% CR[*] Air & Sea delivery for that to be labelled as outstanding, in my view, in turn driving meaningful shareholder value.”

(*CR = conversion rate = Ebit/gross profit)

I wrote that a month ago, and today’s comparable second-quarter 2026 (Q2 26) reading for DSV’s CR Air & Sea was: 42.4%.

Hold your breath. Or?

Sift through the Danish forwarder’s performance over the past six quarters: DSV’s CR Air & Sea was slightly better than ...