DSV (CPH:DSV) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr.44.1b (up 24% from 3Q 2023).
- Net income: kr.2.82b (up 1.6% from 3Q 2023).
- Profit margin: 6.4% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: kr.13.60 (up from kr.13.10 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DSV Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe.
Performance of the market in Denmark.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on DSV's balance sheet health.
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About CPSE:DSV
DSV
Offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific.
Excellent balance sheet and fair value.
