News / UTi buy driving DSV road and sea-air performance ahead of the market

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DSV ended the first three months of 2017 with a 174% year-on-year increase in pre-tax profits, with both road and air and sea divisions outpacing average market growth.

Revenues for the three months to March hit Dkr18.2bn ($2.6bn), up from 2016’s $2.2bn, equating to year-on-year growth of almost 19%, and profits before tax of $128m compared with $46.7m a year earlier.

Chief executive Jens Bjorn Anderson said the performance did not appear to have been driven by any particular vertical or sector, but ...