Kuehne dismisses DSV threat – all set for 'sustainable profitable market share growth'
It’s easy to say…
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By Alex Lennane
In a solid trading update, DSV today announced third-quarter profits up 33% to Dkr1.1bn ($167m) on the back of revenue up 8% to Dkr20.2bn.
Ebit before special items was Dkr4.1bn for the first nine months of 2018 against Dkr3.6bn for the same period of 2017. In constant currencies, growth ebit growth before special items was 15%.
It announced a new $150m stock buyback plan and upped its earnings guidance, as usual.
In the first nine months of this year, the Air & Sea division ...
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