DSV A/S (DSDVY) Q1 2026 Earnings Call Transcript

DSV A/S (DSDVY) Q1 2026 Earnings Call April 29, 2026 5:00 AM EDT Company Participants Jens Lund - Group CEO & Member of the Executive Board Michael Ebbe - Group CFO & Member of Executive Board Conference Call Participants Cristian Nedelcu - UBS Investment Bank, Research Division Alexia Dogani - JPMorgan Chase & Co, Research Division James Hollins - BNP Paribas, Research Division Patrick Creuset - Goldman Sachs Group, Inc., Research Division Alexander Irving - Bernstein Institutional Services LLC, Research Division Ulrik Bak Muneeba Kayani - BofA Securities, Research Division Lars Heindorff - Nordea Markets, Research Division Kristian Godiksen - SEB, Research Division Marco Limite - Barclays Bank PLC, Research Division Jacob Lacks - Wolfe Research, LLC Cedar Ekblom - Morgan Stanley, Research Division Parash Jain - HSBC Global Investment Research Presentation Operator Ladies and gentlemen, welcome to the DSV Q1 2026 Conference Call. I'm Matilda, the Chorus Call operator. [Operator Instructions] The conference is being recorded. [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 Group CEO & Member of the Executive Board Thank you very much, and welcome, everybody, to the quarterly announcement of our Q1 results for 2026. We will quickly go to the first page where you can see our agenda. I forgot to say I'm joined here by Michael Ebbe. So we're like the usual team from DSV. And there's a statement to the right about forward-looking statements that I just want to point your attention to so that we all are aware of the forward-looking statements. And then we will quickly go into the highlights for Q1. We have basically continued the progress on the Schenker integration. We will dive a little bit more into that. I think one of the things that is very positive