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UPDATE 1-DSV raises profit f'cast, expects UTi takeover in Q1 2016

2015-10-28 09:25:30| Logistics - Topix.net

Danish transport and logistic group DSV raised its profit guidance after posting a bigger-than-expected third quarter results on Wednesday and said it still expected to close a takeover of UTi Worldwide in the first quarter 2016. The world's fifth largest freight forwarder said operating profit before special items rose to 851 million Danish crowns in July-September, beating a mean forecast of 816 million crowns in a Reuters poll of analysts.

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