DSV jumps after raising guidance By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 04 2024
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Source: Investing.com
DSV A/S Financial Update: DSV A/S shares rose 6.2% after the company raised its full-year adjusted EBIT guidance to DKK 16-17 billion and reported third-quarter results in line with expectations, achieving an adjusted EBIT of DKK 4.4 billion.
Acquisition and Capital Raise: The company plans to raise DKK 37.3 billion through new share issuance to partially finance its EUR 14.3 billion acquisition of DB Schenker, which is expected to enhance DSV's market position and operational scale.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
