Better-than-expected half-year results at DSV
DSV is one of the most important transport and logistics companies in the world, which also plays a leading role in Hungary. The global company reported better-than-expected first half results and strong cash flow compared to market conditions.
In the second quarter of 2023, we achieved solid results and strong cash flow in all three divisions. Demand for transport and logistics services is modest, but in the first half of 2023 we have demonstrated our ability to adapt to changing market conditions. The outlook for the development of the sector is still uncertain, however, we see signs of stabilization and we expect a gradual improvement in the volume of world trade in the coming quarters, said Jens Bjørn Andersen, CEO of the DSV Group, in DSV’s first half-year report.
Related news
Innovation in air transport: thanks to a new screening service, the export of medicines in air transport can be easier
DSV is opening the door to new opportunities for export…
Read more >DSV reported solid results for 2023
DSV achieved stable results in 2023, operating in a sluggish…
Read more >DSV Hungary supported a 24-hour logistics competition
This year, the Neumann János University in Kecskemét announced a…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >