NEOM and DSV announce a USD 10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. The partnership will focus on providing logistics services for NEOM in the coming years.
DSV delivers solid results for the first nine months of 2023. Gross profit was down 15.1% and EBIT 30.6%, which was expected given the challenging market conditions and record earnings achieved last year.
DSV reports good H1 results and strong cash flow, adapting to soft market conditions by leveraging its asset-light business model. Gross profit was down 14.2% and EBIT before special items 31.6% from last year's extraordinary results but compare favourably to pre-pandemic levels.
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