Danish logistics co DSV rises on Q2 EBIT beat
** Shares in DSV DSV.CO rise about 4% after Danish logistics co reports second-quarter earnings above analysts' expectations
** DSV reports EBIT of DKK 4,099 mln ($595.90 mln), about 3% above co consensus, citing positive volume growth and stabilisation of profit in the air & sea division
** DSV raises the lower end of its guidance range for adjusted EBIT in 2024 to DKK 15.5 bln-17.0 bln, from DKK 15.0 bln-17.0 bln, owing to an uptake in volumes, market share gains in H1
** "We also expect DSV to benefit from unit gross profit tailwinds in ocean during H2, in line with commentary from Kuehne+Nagel yesterday" - Bernstein analysts
($1 = 6.8787 Danish crowns)
Reporting by Agnieszka Oleńska
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