- DSV’s adjusted net income for Q3 2024 was DKK 3.00 billion, missing the estimate of DKK 3.14 billion.
- The EBIT before significant items was on target at DKK 4.42 billion, meeting the forecasted estimate.
- Revenue significantly exceeded expectations, reaching DKK 44.10 billion compared to the estimate of DKK 39.85 billion.
- Gross profit came in at DKK 11.08 billion, surpassing the estimate of DKK 10.9 billion.
- DSV has narrowed its full-year 2024 EBIT guidance to DKK 16,000-17,000 million, adjusted from a previous range of DKK 15,500-17,000 million.
- Special items for 2024 are projected to result in one-off costs of approximately DKK 650 million.
- DSV reports continuous positive earnings growth in Q3 2024, marking a year-over-year increase in gross profit and EBIT before special items for the first time since Q3 2022.
- This improvement is attributed to positive volume growth across all divisions and an increase in gross profit.
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A look at DSV A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
DSV A/S is set to have a promising long-term outlook based on the Smartkarma Smart Scores. The company has received a high score of 5 for Momentum, indicating strong positive market performance. Combined with a solid score of 4 for Growth, DSV A/S is showing potential for expansion and development in the future. Additionally, the company has scored 3 for Value and Resilience, highlighting a stable financial position and the ability to withstand economic challenges. Although the Dividend score is moderate at 2, DSV A/S‘s overall outlook appears positive, especially in terms of growth and market momentum.
As the parent company overseeing a group of transport and logistics companies, DSV A/S provides a range of services including truck, ship, and plane transport, as well as warehousing and logistics solutions. Operating across Europe, North America, and the Far East, DSV A/S demonstrates a strong global presence in the industry. With a promising combination of high scores in Momentum and Growth, coupled with decent scores in Value and Resilience, DSV A/S seems well-positioned for long-term success in the transport and logistics sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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