2015 was the best year ever for DSV

DSV handles more than 1.3 million TEUs of sea freight and more than 600.000 tonnes of air freight per year

2015 was the best year ever for DSV

2015 was a good year for DSV. The company gained market share across all business segments and delivered strong growth in earnings and cash flow. The Air & Sea Division was the main contributor to the growth in earnings, but the Road Division also delivered a good comeback.

“2015 was the year in which we executed on our strategy to grow through acquisitions. In January 2016, we obtained the final approval of the acquisition of UTi Worldwide Inc.  We now have a major project ahead of us — the merger of two global logistics providers and lifting the UTi earnings to DSV levels,” says Jens Bjørn Andersen, CEO.

Selected financial and operating data for the 2015 financial statements (1 January – 31 December 2015)

(DKKm) Q4 2015 Q4 2014 YTD 2015 YTD 2014
Net revenue           12,606           12,539           50,869           48,582
Gross profit              2,830              2,615            11,201            10,297
Operating profit before special items                 749                 649              3,050              2,624
Operating margin 5.9% 5.2% 6.0% 5.4%
Operating profit before special items
     Air & Sea                 492                 399              1,923              1,542
     Road                 197                 174                 918                 837
     Solutions                   63                   90                 242                 274

DSV is a global supplier of transport and logistics services. It has offices in more than 80 countries all over the world with +40,000 staff and an international network of partners and agents, which makes DSV a truly global player offering services worldwide.