DSV drops on Q1 miss; freight rates offset Schenker boost

Dsv A/S

29/04/2026 09:51

April 29 -    ** Shares of DSV DSV.CO fall 5% after the Danish freight company reported Q1 operating profit slightly below forecasts

** The company calls market conditions "increasingly challenging" and flags continued uncertainty due to economic risks, including the ongoing Iran war

** DVS says growth in gross profit and operating profit was largely driven by the positive contribution from logistics firm Schenker, acquired in April last year

** Though Jyske Bank says Schenker's contribution was effectively offset by lower average ocean freight rates

** Jefferies says the "real focus" remains on DSV's Capital Markets Day on May 12 and on any comments around AI‑driven workforce reductions to cut costs

 (Jakub Lubiński)

 ((jakub.lubinski@thomsonreuters.com, +48 58 746 90 20))