DSV reports 40% fall in Q2 2023 revenue

in dsv •  last year 

DSV reported 40 percent decline in revenue to DKK 37 billion ($5.4 billion) in the second quarter of 2023 ended in June 2023 compared to the same period last year. “DSV reports good H1 results and strong cash flow, adapting to soft market conditions by leveraging its asset-light business model. Gross profit was down 14.2 percent and EBIT before special items 31.6 percent from last year's extraordinary results but compare favourably to pre-pandemic levels,” reads the release.

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