Independent journal on economy and transport policy
16:07 GMT+2
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DSV closed the first quarter with a record net profit of 4.4 billion Danish kroner (+88.3%)
Revenues increased by +81.8%
April 28, 2022
In the first three months of this year the revenues of the logistics group DSV amounted to DKK 61.1 billion (DKK 8.2 billion) of euro), with an increase of +81.8% on the corresponding period of 2021, of which 24.2 billion crowns generated by the activities of air freight (+86.6%), 21.7 billion from the activities of shipping (+117.9%), 10.2 billion from activities of road shipping (+26.5%) and 6.2 billion Danish kroner other logistics activities (+70.7%). Operating profit totaled a record value of 6.5 billion Danish kroner (+111.8%), with a contribution of 5.2 billion from air shipments and maritime (+118.3%), of 498 million from road shipments (+23.6%) and 789 million from other logistics activities (+200,0%). Pre-tax profit was at record value of 5.8 billion crowns (+89.2%) and also the net profit has recorded a value never reached before having been even to 4.4 billion crowns (+88.3%).
In the first quarter of 2022 the volumes of air shipments handled by the Danish group amounted to 411 thousand tons (+22.2%) and those of maritime shipments to 668 thousand container teu (+14,9%).
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