DSV profit jumps 55% in 2007

DSV profit jumps 55% in 2007

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Danish freight forwarder and logistics group DSV on Tuesday reported a 54.9 percent rise in net profit for 2007 of 1.11 billion Danish krone ($219 million), up from 719 million krone in 2006.
   The Brondby-based company’s earnings before interest and tax (EBIT) gained 51.9 percent to 1.85 billion krone ($364 million) on a 9.2 percent revenue increase to 34.9 billion krone ($6.84 billion).
   The company is predicting net profit in 2008 of 1.53 billion krone, EBIT of 2.22 billion krone and revenue of 34.58 billion krone.