DSV DSV Panalpina A/S

DSV, 1103 - INTERIM FINANCIAL REPORT Q1 2024

DSV, 1103 - INTERIM FINANCIAL REPORT Q1 2024

Company Announcement No. 1103

Selected key figures and ratios for the period 1 January – 31 March 2024

 Q1 2024Q1 2023
Key figures (DKKm)  
Revenue38,34040,954
Gross profit10,26511,391
Operating profit (EBIT) before special items3,6414,672
Profit for the period2,3933,287
Adjusted earnings for the period2,4633,340
   
Ratios  
Conversion ratio35.5%41.0%
Diluted adjusted earnings per share of DKK 1 for the last 12 months55.376.9

Jens H. Lund, Group CEO: “In a normalising market, we are off to a good start delivering strong financial results in the first quarter of 2024, and I am particularly satisfied that we are gaining market shares in all three divisions. We have also completed the leadership changes, the organisation has settled, and together with the new and experienced leadership team we will concentrate our efforts on executing on our strategy, with particular focus on our customers.”

Outlook for 2024

We maintain our outlook for 2024 as announced in the 2023 Annual Report:

  • Operating profit (EBIT) before special items is expected to be in the range of DKK 15,000-17,000 million.
  • The effective tax rate is expected to be approximately 24%.

Share buyback

A separate company announcement about a new share buyback programme of DKK 1,000 million will be issued today. The programme starts 24 April 2024 and will run until 23 July 2024.

Contacts

Investor Relations: Sebastian Rosborg, tel. , Media: For media enquiries, please contact     

Yours sincerely,

DSV A/S

 

Attachment



EN
24/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DSV Panalpina A/S

 PRESS RELEASE

DSV, 1110 - MAJOR SHAREHOLDER ANNOUNCEMENT

DSV, 1110 - MAJOR SHAREHOLDER ANNOUNCEMENT Company Announcement No. 1110 Pursuant to section 30 of the Danish Capital Markets Act it is announced that BlackRock, Inc. has informed DSV A/S that the total shares according to section 38 of the Danish Capital Markets Act, and other financial instruments according to section 39(2) of the Danish Capital Markets Act of DSV A/S held by BlackRock, Inc. as of 14 May 2024 correspond to below 5% of the entire share capital and below 5% of the voting rights of DSV A/S. ContactsInvestor Relations: Sebastian Rosborg, tel. , Yours sincerely,DSV ...

 PRESS RELEASE

DSV, 1109 - MAJOR SHAREHOLDER ANNOUNCEMENT

DSV, 1109 - MAJOR SHAREHOLDER ANNOUNCEMENT Company Announcement No. 1109 Pursuant to section 30 of the Danish Capital Markets Act it is announced that BlackRock, Inc. has informed DSV A/S that BlackRock, Inc. as of 13 May 2024 has decreased its holding of shares/voting rights and of other financial instruments acc. to section 39(2) of the Danish Capital Markets in DSV A/S as follows: Share capital and voting rightsHolding in DSV A/S previouslyHolding in DSV A/S as of 13 May 2024Share capital and voting rights attached to shares in %5.30%4.98%Share capital and voting rights through financia...

 PRESS RELEASE

DSV, 1108 - SHARE BUYBACK IN DSV A/S

DSV, 1108 - SHARE BUYBACK IN DSV A/S Company Announcement No. 1108 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save fo...

 PRESS RELEASE

DSV, 1107 - MANAGERS’ TRANSACTIONS IN DSV A/S SHARES

DSV, 1107 - MANAGERS’ TRANSACTIONS IN DSV A/S SHARES Company Announcement No. 1107 DSV A/S hereby provides notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to shares in DSV A/S made by a manager. Any questions may be addressed to Investor Relations, Sebastian Rosborg, tel. . Yours sincerely,DSV A/S Attachment

 PRESS RELEASE

DSV, 1106 - SHARE BUYBACK IN DSV A/S

DSV, 1106 - SHARE BUYBACK IN DSV A/S Company Announcement No. 1106 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save fo...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch