DSV AS

DSV: XCSE (DNK)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
DKK 4,293.00NwlqnbQgryczzbzb

Continued Supply Chain Issues in 2022 Play Right Into DSV's Hands

Business Strategy and Outlook

Following its acquisition of GIL in the third quarter of 2021, DSV became the third-largest third-party logistics provider, or 3PL, globally, with around a 5% share in a highly fragmented market. Unlike peer Kuehne+Nagel, which has been in the industry for more than 125 years, DSV has accumulated its market share primarily through a series of strategic acquisitions over the past 30 years, which it has successfully integrated into its own operations.

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