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Having listened to virtually all the conference calls of DSV since 2014, I thought I’d give it a pass today to look for trouble elsewhere, only swiftly focusing on the few details that really matter in its fourth-quarter and annual results.

The shares are under a bit of pressure, down 1.9% in early trade, but as often happens with DSV results, the US-based speculators will decide only later, in European afternoon trading, if the day will end in glory or pain.

Early ...

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