DSV falls on Q4 profit miss, cost pressures

Dsv A/S

04/02/2025 08:50

** Shares in DSV  DSV.CO  fall 3.5% after the Danish freight
forwarder posted its Q4 profit below expectations, as
macroeconomic geopolitical environment remains uncertain
    ** The company said in a statement the situation in the Red
Sea remains uncertain, with unforeseen changes potentially
impacting DSV's financial results
    ** Bernstein analyst Alexander Irving says DSV's Q4 miss and
conservative guidance are weighed down by costs and weak
markets, but DB Schenker's acquisition Q2 closing remains intact
    ** "The automotive sector is called out as a particular area
of weakness. DSV is trying to push through rate increases to
restore earnings here," Irving adds 
    ** Shares are on track for their worst day in six months 


 (Reporting by Jesus Calero)
 ((Jesus.calero@thomsonreuters.com))