Børsens News Service in English
DSV Shares Spike After Upward Adjustment
30-07-2010
12:00
Shares in DSV rose markedly this morning on the news that the Danish freight transport group expected markedly better results in 2010 than previously anticipated.
DSV’s shares rose four percent on early trading after the company’s said it was increasing its 2010 revenue growth forecast to between 14 and 19 percent from three to seven percent, with expected revenues of between DKK 41 billion and 43 billion
Operating profit before exceptional items (EBITA) is now expected to be in the region of DKK 2 to 2.2 billion, compared to a previously-predicted DKK 1.9 to 2.1 billion. DSV’s road haulage division rose posted growth of 12 percent in the first half of 2010,
"We see no signs of the market weakening and expect the positive trend to continue into the second half of 2010” CEO Jens Bjorn Andersen told the news agency Direkt. “We have also gained market share. I'm really pleased across the board and would like to thank the employees."
DSV’s shares rose four percent on early trading after the company’s said it was increasing its 2010 revenue growth forecast to between 14 and 19 percent from three to seven percent, with expected revenues of between DKK 41 billion and 43 billion
Operating profit before exceptional items (EBITA) is now expected to be in the region of DKK 2 to 2.2 billion, compared to a previously-predicted DKK 1.9 to 2.1 billion. DSV’s road haulage division rose posted growth of 12 percent in the first half of 2010,
"We see no signs of the market weakening and expect the positive trend to continue into the second half of 2010” CEO Jens Bjorn Andersen told the news agency Direkt. “We have also gained market share. I'm really pleased across the board and would like to thank the employees."
*****||*****DSV Shares Spike After Upward Adjustment*****||*****Shares in DSV rose markedly this morning on the news that the Danish freight transport group expected markedly better results in 2010 than previously anticipated.*****||*****
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