DSV A/S (OTCPK:DSDVF) Q1 2025 Earnings Conference Call April 30, 2025 5:30 AM ET
Company Participants

Jens Lund – Group CEO
Michael had – Group CFO
Conference Call Participants
Dan Jensen – Carnegie Investment Bank
Alex Irving – Bernstein
Cristian Nedelcu – UBS
Ulrik Bak – Danske Bank
Lars Heindorff – Nordea
Alexia Dogani – JPMORGAN
Jacob Lacks – Wolfe Research
Muneba Kasni – Bank of America
Cedar Ekblom – Morgan Stanley
Marc Utock – Kepleler Cheuvreux
Marco Limit – Barclays
Michael Aspinall – Jefferies
Arthur Truslove – Citi
Operator
Ladies and gentlemen, welcome to the DSV Investor Conference Call related to Q1 2025 and completion of the acquisition of Schenker. I’m Carmen, the Chorus Call operator. I would like to remind you that all participants will be in listen-only mode and the conference has been recorded. The presentation will be followed by a Q&A session. (Operator Instructions). The conference must not be recorded for publication or broadcast.
At this time, it’s my pleasure to hand over to Jens Lund, Group CEO. Please go ahead.
Jens Lund
Thank you very much, and welcome everybody to this Q1 and closing call on Schenker. I would particularly like to welcome all the employees of DSV and certainly also our new colleagues from DB Schenker. Welcome on board as well. We look very much forward to a combined journey together with you. And we have to remember, going forward, everybody is a DSV employee.
So with that said, I will quickly move on to the next slide, we will do the presentation as usual, where I’ll take some of the slides, Michael will take some of them and then we will come back to the Q&A part.
When it comes to forward-looking statements, please refer to this page. It’s a very important information. So please take
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