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DSV A/S (DSDVF) Q3 2022 Earnings Call Transcript

DSV A/S (OTCPK:DSDVF) Q3 2022 Earnings Conference Call October 25, 2022 5:00 AM ET Company Participants Jens Bjorn Andersen - Chief Executive Officer Michael Ebbe - Chief Financial Officer.

DSV A/S (DSDVF) CEO Jens Bjorn Andersen on Q2 2022 Results - Earnings Call Transcript

DSV A/S (DSDVF) CEO Jens Bjorn Andersen on Q2 2022 Results - Earnings Call Transcript
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DSV A/S (DSDVF) CEO Jens Bjorn Andersen on Q1 2022 Results - Earnings Call Transcript

Agility sells freight-forwarding arm to Denmark s DSV Panalpina

DSV s acquisition of GIL is expected to increase its revenue by about 23 per cent, making it one of the top three freight forwarders in the world. The combined entity will have a revenue of more than $22bn and employ more than 70,000 people in over 90 countries. It will handle about 2.8 million containers and more than 1.6 million tonnes of air freight a year. “GIL’s presence in fast-growing emerging markets in [Asia-Pacific], as well as Europe and the Americas, will be a strong addition to DSV’s existing network,” said the company s chief executive, Jens Bjorn Andersen. GIL will bring additional warehousing capacity of more than 1.4 millions square metres across the Middle East and Asia, significantly strengthening DSV’s contract logistics capabilities.

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