DSV A/S

DSV

Equity

ISIN DK0060079531 / Valor 3088062

Nasdaq Copenhagen Equities (2024-12-23)

DKK 1,513.00+0.40%

DSV A/S
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About company

DSV A/S is a global transport and logistics company offering a wide range of services to facilitate the movement of goods across the world. The company specializes in air freight, sea freight, road transport, and rail freight, catering to the need for speed, cost efficiency, and environmental considerations. DSV also provides specialized project transport for out-of-gauge and non-standard items, as well as urgent courier services. Beyond transportation, DSV offers comprehensive logistics solutions including warehousing, fulfillment, third-party logistics, and contract logistics, along with value-added services to ensure smooth transport and delivery. The company serves various industries such as automotive, technology, healthcare, energy, industrial, retail/fashion, and chemicals, offering tailored solutions to meet specific supply chain requirements. With over 40 years of experience, DSV leverages advanced technology and data processing software to optimize customer operations and profitability, emphasizing the importance of resilient and efficient supply chains.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth in Q3 2024

DSV A/S reported a significant increase in revenue for Q3 2024, reaching DKK 44,095 million compared to DKK 35,576 million in Q3 2023. This growth was driven by positive volume development across all divisions, showcasing the company's ability to capture market opportunities despite challenging economic conditions.

Improved Gross Profit

In Q3 2024, DSV A/S achieved a gross profit of DKK 11,080 million, marking a 4.8% increase from the same quarter in the previous year. This improvement reflects the company's successful strategies in enhancing operational efficiencies and capitalizing on market demand.

EBIT Performance

DSV A/S's operating profit (EBIT) before special items for Q3 2024 was DKK 4,420 million, slightly up from DKK 4,396 million in Q3 2023. The steady EBIT performance indicates the company's resilience in maintaining profitability amidst fluctuating market conditions.

Profit and Earnings

The profit for the period in Q3 2024 was DKK 2,845 million, compared to DKK 2,808 million in Q3 2023. Adjusted earnings for the period also saw an increase, reaching DKK 3,001 million from DKK 2,864 million, highlighting DSV A/S's continued focus on delivering shareholder value.

Outlook for 2024

Based on the strong performance in the first nine months of 2024, DSV A/S revised its full-year EBIT guidance to a range of DKK 16,000-17,000 million. The company remains optimistic about its growth prospects, supported by strategic acquisitions and ongoing operational improvements.

Summarized from source with an LLMView Source

Key figures

27.4%1Y

1.61%3Y

97.5%5Y

Performance

27.2%1Y

30.3%3Y

31.6%5Y

Volatility