Brief: DSV Proposes Ordinary Dividends Of DKK 7.00 Per Share For 2024

Dsv A/S

04/02/2025 06:34

Feb 4 (Reuters) - DSV A/S  DSV.CO :
    * BOARD OF DIRECTORS PROPOSES ORDINARY DIVIDENDS OF DKK 7.00
PER
SHARE FOR 2024 (2023: DKK 7.00 PER SHARE)
    * POSITIVE DEVELOPMENT WAS PRIMARILY DRIVEN BY POSITIVE
ORGANIC
ABOVE-MARKET GROWTH IN ALL THREE DIVISIONS
    * OUTLOOK FOR AIR AND SEA FREIGHT MARKET ASSUMES CONTINUED
GROWTH
IN GLOBAL VOLUMES OF AROUND 3% IN LINE WITH GLOBAL GDP FORECAST
    * ROAD DIVISION WAS NEGATIVELY IMPACTED BY WEAKER MARKET
CONDITIONS DUE TO REDUCED MACROECONOMIC ACTIVITY, ESPECIALLY IN
EUROPE AND WITHIN AUTOMOTIVE
    * FOR ROAD MARKET, WE EXPECT FLAT TO LOW-SINGLE DIGIT MARKET
GROWTH, WITH MARKET CONDITIONS STILL EXPECTED TO BE WEAK DURING
FIRST HALF-YEAR
    * MACROECONOMIC AND GEOPOLITICAL ENVIRONMENT, INCLUDING
SITUATION
IN RED SEA REMAINS UNCERTAIN
    * EXPECTS WEAK MARKET CONDITIONS IN H1 OF 2025
    * CONTRACT LOGISTICS  MARKET IS EXPECTED TO ACHIEVE LOW- TO
MID-SINGLE DIGIT GROWTH RATES IN 2025

Source text:  ID:nGNE2xsGXH 
Further company coverage:  DSV.CO 

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