Independent journal on economy and transport policy
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The quarterly financial results of the DSV logistics group again marked values never reached before
In the third quarter of 2021, air and sea shipment volumes have also never been higher at this time of year
October 27, 2021
EBITDA reached a record 5.5 billion Danish kroner (+48.6%), with a contribution of 3.8 billion from air and sea shipments (+71.5%), of 702 million from road shipments (+2.6%) and 951 million from other activities logistics (+33.2%). Record also for the operating profit that has been attested to almost 4.5 billion Danish kroner, with contributions equal to respectively to 3.5 billion (+76.6%), 465 million (+3.8%) and 486 million (+55.8%) from the three main business segments. Net profit was a record value of almost 3.2 billion of Danish kroner (+136.4%).
In the third quarter of 2021, air shipments handled by DSV amounted to 387 thousand tons, a volume that represents the new record for this time of year and a growth of +28.8% on the same quarter of 2020. This year also shipments for by sea enlivened by the Danish group have established a new record for the third quarter of the year having been equal to 634 thousand teu (+11.5%).
The increase in the financial and operating results of the DSV the logistical activities of the Kuwaiti Agility of which the Danish group has completed the acquisition on August 16th ( of 16 August 2021).
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EBITDA reached a record 5.5 billion Danish kroner (+48.6%), with a contribution of 3.8 billion from air and sea shipments (+71.5%), of 702 million from road shipments (+2.6%) and 951 million from other activities logistics (+33.2%). Record also for the operating profit that has been attested to almost 4.5 billion Danish kroner, with contributions equal to respectively to 3.5 billion (+76.6%), 465 million (+3.8%) and 486 million (+55.8%) from the three main business segments. Net profit was a record value of almost 3.2 billion of Danish kroner (+136.4%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
