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.
Agenda
1
4
Highlights
Financial review
2
5
Update on integration of Agility GIL
Outlook for 2021
3
6
Business segments
Q&A
3 | DSV - Q3 2021 results
Highlights Q3 2021
Solid demand, congestion and tight capacity continue to characterise transport markets.
Growth driven by all three divisions.
Agility GIL included from 16 August 2021.
New DKK 5 billion share buyback programme initiated today.
Gross profit (DKKm)
EBIT before special items (DKKm)
+22.4%*
866
9,823
7,252
Q3-20
Q3-21
+19.5%*
866
25,941
21,322
9M-20
9M-21
+52.5%*
270
4,472
2,725
Q3-20
Q3-21
+59.8%*
270
11,110
6,904
9M-20
9M-21
*) Growth rates are in constant currencies and excluding GIL impact.
GIL (16 August - 30 September 2021)
4 | DSV - Q3 2021 results
Update on Agility GIL integration
Integration and EBIT impact
GIL is expected to contribute approx. DKK 3,000 million (previously DKK 2,800 million) to the combined EBIT before special items on an annual basis.
~30% of the EBIT contribution is expected in 2021, ~85% in 2022 and full effect in in 2023.
The expected EBIT impact includes the underlying GIL result and integration synergies.
We expect to complete the integration in Q3 2022.
Integration cost
Total transaction and integration costs are expected in the level of DKK 1,500 million.
We expect that approximately DKK 500 million will impact the income statement (special items) in 2021 and the rest in 2022.
5 | DSV - Q3 2021 results
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
DSV Panalpina A/S published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 05:55:06 UTC.
DSV A/S specializes in transportation services. Net sales break down by activity as follows:
- organization and management of air and sea transportation (61.3%);
- road transportation (23.6%);
- logistics services (14.9%): storage, packaging, loading dock transfer (reshipment of merchandise without storage), and distribution services intended primarily for industrial customers;
- other (0.2%).
Net sales are distributed geographically as follows: Denmark (7.6%), the United States (17.5%), Germany (8.1%), China (4.5%), the United Kingdom (3.9%), and other (58.4%).
DSV A/S 
