Company Announcement No. 900
Selected key figures and ratios for the period 1 January – 30 June 2021
(DKKm) | Q2 2021 | Q2 2020 | YTD 2021 | YTD 2020 |
Key figures and ratios | ||||
Revenue | 37,831 | 28,782 | 71,447 | 56,091 |
Gross profit | 8,333 | 7,386 | 16,118 | 14,070 |
Operating profit (EBIT) before special items | 3,571 | 2,613 | 6,638 | 4,179 |
Profit after tax | 2,527 | 1,390 | 4,856 | 1,721 |
Adjusted earnings for the period | 2,580 | 1,838 | 4,970 | 2,593 |
Adjusted free cash flow | 2,817 | 3,356 | ||
Conversion ratio | 42.9% | 35.4% | 41.2% | 29.7% |
Diluted adjusted earnings per share of | 37.1 | 20.8 |
Jens Bjørn
We still expect to close the Agility Global Integrated Logistics transaction in Q3 2021. The preparations for the integration are tracking the plans, and we look forward to combining the two global networks and creating an industry leader in logistics.”
Outlook for 2021
Based on the strong financial performance for the first six months of 2021 and a positive outlook for the remainder of the year, we upgrade the full-year outlook for 2021 as follows:
- EBIT before special items is expected to be in the range of
DKK 12,500 - 13,000 million (previouslyDKK 11,750-12,500 million ). - The effective tax rate is expected to approximate 23% (unchanged).
The financial outlook for 2021 is for DSV Panalpina stand-alone and excludes the impact from the acquisition of Agility’s Global Integrated Logistics business. The financial outlook will be updated upon closing, which is expected in Q3 2021.
Share buyback
A separate company announcement about the launch of a new share buyback programme of up to
Contacts
Investor Relations:
Investor Relations:
Investor Relations:
Media:
Yours sincerely,
Attachment
- 900 - Announcement (29.07.2021) - INTERIM FINANCIAL REPORT H1 2021
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