Q1 2022 RESULTS
DSV A/S
Investor presentation
Forward-looking statements
This presentation contains forward-looking statements.
Such statements are subject to risks and uncertainties, as various factors, many of which are beyond DSV A/S' control, may cause actual developments and results to differ materially from the expectations contained in the presentation.
Content
Highlights
Update on Agility GIL integration
Business segments
Financial review
Upgraded outlook for 2022
Appendix
Highlights Q1 2022
• Earnings growth across all divisions.
• 2022 EBIT guidance upgraded to DKK 21,000 - 23,000 million.
• Strong cash flow and new three-months DKK 6 billion share buyback programme launched.
• The Ukraine/Russia crisis is adding to the disruptions of global supply chains.
• Exit from Russia has no material direct financial impact for DSV.
Gross profit (DKKm) | EBIT before special items (DKKm) | EPS for the last 12 months** |
+60.7%* | +103.9%* | +79.5% |
6,496 | ||
12,877 |
60.5
7,785
Q1-21
Q1-22
*) Growth rates are in constant currencies and including M&A. **) Diluted adjusted earnings per share for the last 12 months.
3,067
33.7
Q1-21
Q1-22
Q1-21
Q1-22
Update on Agility GIL integration
On track
Estimated EBIT impact of GIL (DKKm)
100%
2021 Actual
2022 Estimated
~85%
2023 Estimated
Integration and EBIT impact
• Once fully integrated, GIL is expected to contribute at least DKK 3,000 million to the combined EBIT before special items on annual basis.
• All major GIL countries have been onboarded to
DSV's platforms.
• We expect to complete the integration programme in Q3-22.
Integration cost
• Transaction and integration cost was DKK 404 million in Q1 2022.
• Transaction and integration costs are expected to total around
DKK 1,000 million in 2022.
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DSV A/S published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 05:54:02 UTC.