DSV report strong results in ‘extraordinary’ Q3

DSV said it enjoyed strong third quarter financial results across all three divisions in what it described as “extraordinary market conditions”. Earnings before interest and tax grew by 52.5% compared to the same period last year – excluding the impact of the acquisition of Agility’s Global Integrated Logistics business. The Danish-based forwarder also reported “ good progress” in integrating the Middle East forwarder,  which became part of DSV in August 2021. ... [+]

DSV completes Agility takeover

DSV Panalpina has completed its takeover of Agility’s Global Integrated Logistics business. The acquisition puts DSV is in the top three global logistics companies, with expected combined revenue of about DKK 160 billion (US$25.3bn)and a combined workforce of 75,000 employees in more than 90 countries. It follows the Danish giant’s earlier ... [+]

DSV profits surge

DSV Panalpina said its figures for the first six months of 2021, published on 29 July, showed strong growth in EBIT before special items of 64.7% compared to the same period in 2020. This was driven by 18% growth in gross profit and high productivity across all divisions, the forwarder ... [+]

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