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DSV picCOPENHAGEN: May 01, 2018. DSV has reported a growth in revenues for the first quarter of 2018, driven by a positive market.

Jens Bjørn Andersen, CEO: "DSV performed well in the first quarter of 2018 and delivered growth in both freight volumes and EBIT. Based on the good start to 2018 and overall positive market trends we increase the low end of the EBIT guidance range for the full-year and launch a new three-month share buyback programme of DKK 1.1 billion."

The consolidated full-year outlook for 2018 previously announced is adjusted as follows:

  • Operating profit before special items is expected to be in the range of DKK 5,100-5,400 million (previously DKK 5,000-5,400 million).
  • Adjusted free cash flow is expected to approximate DKK 4,000 million (unchanged).
  • The effective tax rate is expected to be 23% (unchanged).

 

DSV Q1 2018 

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