DSV trashed – just short of outstanding in Air & Sea ‘ain’t enough’

“With its Q2 update, DSV would need, say, a 45% CR[*] Air & Sea delivery for that to be labelled as outstanding, in my view, in turn driving meaningful shareholder value.” (*CR = conversion rate = Ebit/gross profit) I wrote that a month ago, and today’s comparable second-quarter 2026 (Q2 26) reading for DSV’s CR Air & Sea was: 42.4%. Hold your breath. Or? Sift through the Danish forwarder’s perfor Read full article →