DSV A/S (DSDVF) Q3 2023 Earnings Call Transcript

DSV A/S (OTCPK:DSDVF) Q3 2023 Earnings Conference Call October 24, 2023 5:00 AM ET

Company Participants

Jens Bjorn Andersen – CEO

Jens Lund – COO

Michael Ebbe – CFO

Conference Call Participants

Michael Vitfell-Rasmussen – Danske Bank

Cristian Nedelcu – UBS

Robert Joynson – Exane BNP Paribas

Alexia Dogani – Barclays

Lars Heindorff – Nordea

Peter Sehested – ABG

Muneeba Kayani – Bank of America

Dan Togo – Carnegie

Alex Irving – Bernstein

Samuel Bland – JP Morgan

Marc Zeck – Stifel

Ulrik Bak – SEB

Nikolas Mauder – Kepler Cheuvreux

Cedar Ekblom – Morgan Stanley

Sathish Sivakumar – Citigroup


Hi, everyone, and welcome to the DSV Third Quarter 2023 Earnings Results Conference Call. Today’s call is being recorded. For the first part of this call, all participants will be in a listen-only mode. Afterwards, there will be a question-and-answer session. [Operator Instructions]

I would like to introduce today’s speakers, CEO, Jens Bjorn Andersen; COO, Jens Lund; and CFO, Michael Ebbe. Speakers, please begin.

Jens Bjorn Andersen

Good morning, everybody. Welcome to the Q3 2023 Conference Call here from Hedehusene. We’ll go through the presentation as always and try to leave as many minutes as possible for questions.

If you go to Page number 2, on the — in the first page, you will see the agenda for this morning. Also, please take your time to read the forward-looking statements. Can I also please kind of ask you only to pose two questions each when we get to the Q&A session? I’ve seen there’s already a lot of people queuing up, so it would be a pretty busy morning.

So let’s go straight to the presentation on Page number 3, where we have some of the highlights of the previous quarter. We’re happy with the financial performance. It’s exactly as we had

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