DSV among top STOXX performers after third-quarter profit beat

Dsv A/S

23/10/2025 08:31

** Shares in DSV DSV.CO jump more than 5%, paring gains after rising as much as 7.6%, after the Danish logistic group posted its quarterly profit slightly above forecasts

** Co beat estimates despite foreign exchange rate hit, softer demand

** It reported third-quarter adjusted EBIT of DKK 5.43 billion ($848.05 million), above the company-provided consensus of DKK 5.33 billion

** J.P. Morgan says it expected the small beat to third-quarter EBIT expectations and the accelerated pace of integration of Schenker to be well-received by the market

** The above points to upgrades ahead, despite a tough market backdrop, the broker adds

** Stock on track for a best day since April, if gains hold, and among top performers on pan-European STOXX 600 .STOXX index

($1 = 6.4029 Danish crowns)

 (Reporting by Marta Frackowiak)

 ((marta.frackowiak@thomsonreuters.com))