DSV Shares Tumble After Lowering Long-Term Profit Targets for Air & Sea Division
Logistics giant DSV experienced a significant share price drop of around 9% following its Capital Markets Day. The market downturn was a direct response to the company lowering its 2026 earnings targets for key divisions. The EBIT forecast for its crucial Air & Sea division was revised downwards to Dkr16-20bn from a previous Dkr20-22bn. The Solutions division target was also reduced, though the Road division's outlook remained unchanged. Analysts noted that while the new targets were a negative surprise, they are likely more realistic given the current freight market conditions.
Official Source: https://theloadstar.com/dsvs-capital-markets-day-hangover-ouch/
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