COPENHAGEN (Reuters) -Global freight company DSV reported second-quarter operating profit before special items slightly below expectations on Thursday and maintained its outlook for the year.
DSV, the world’s largest logistics firm, posted a second-quarter operating profit before special items of 4.73 billion Danish crowns ($724.76 million) compared to the 4.85 billion crowns expected by 19 analysts in a company-provided poll.
The company kept its outlook for an operating profit before special items this year of between 19.5 billion and 21.5 billion crowns after including the impact from its acquisition of Schenker, the logistics arm of Germany’s Deutsche Bahn.
“We continue our commercial approach by servicing our customers in a highly volatile and unpredictable market,” CEO Jens Lund said in a statement.
($1 = 6.5263 Danish crowns)
(Reporting by Isabelle Yr Carlsson, editing by Louise Rasmussen)
